Written answers
Wednesday, 17 October 2007
Department of Social and Family Affairs
Pension Provisions
9:00 pm
Róisín Shortall (Dublin North West, Labour)
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Question 291: To ask the Minister for Social and Family Affairs the number of occupational pension schemes registered with the Revenue Commissioners in each of the years this century; the number of these that are categorised as defined benefit schemes and the number of these that are categorised as defined contribution schemes in each year; and the number of persons with such a pension in each year and for both categories. [24310/07]
Martin Cullen (Waterford, Fianna Fail)
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Occupational pension schemes are approved in the first instance by the Revenue Commissioners and then entered on the scheme register of the Pensions Board. Information in relation to the schemes registered and membership is set out in the table for each year from 2000.
No. of Schemes Registered with The Pensions Board as at 31st December each year | |||||
Year | Total No. of Occupational Pension Schemes on the Pensions Board Register | No. of Defined Benefit Schemes | No. of Defined Contribution Schemes | No. of members in Defined Benefit Schemes | No. of members in Defined Contribution Schemes |
2000 | 86,348 | 2,027 | 84,321 | 449,111 | 180,690 |
2001 | 97,931 | 1,956 | 95,975 | 455,627 | 214,871 |
2002 | 107,764 | 1,901 | 105,863 | 471,841 | 237,491 |
2003 | 112,665 | 1,693 | 110,972 | 483,031 | 241,302 |
2004 | 88,069 | 1,583 | 86,486 | 500,633 | 225,772 |
2005 | 84,319 | 1,478 | 82,841 | 499,885 | 234,814 |
2006 | 93,486 | 1,411 | 92,075 | 542,362 | 255,008 |
It should be noted that the reduction in schemes registered in 2004 arose because of a data quality exercise, conducted by the Pensions Board, which identified a significant number of schemes (mainly single member schemes) which had been wound-up or were no longer active.
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