This study looks at occupational pension schemes, which are those set up by employers for the benefit of their employees. A contribution is made by both the employer and employee into these schemes. The government’s automatic enrolment initiative was designed to set up just such pension schemes.
Specifically, the report compares the occupational pensions that are available to new entrants into the workplace and the pension they can expect at the end of their career. Schemes operating in the private and public sectors are analysed and the value of the respective pension benefits provided are highlighted.