Taking stock of final-salary pension schemes
The future for defined-benefit pension schemes may be more positive than previously predicted, as employers look to maintain scheme provision for new and existing members.
On this page:
The Purple Book
Scheme closure rate slows
Funding levels improve
Scheme membership
The public/private sector split
Alternatives to scheme closure
Career-average schemes
Pros and cons of career-average schemes
ITV
Challenges for the future
Key points
The majority of occupational scheme members are still accruing benefits on a defined-benefit basis.
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