Main Survey

penmtp

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final pension calculated

Datafile

indresp

Variable Note

Script error - routing for related question includes erroneous filter (if PENCMN=3 // pension scheme non-contributory), resulting in most cases being 'inapplicable'. This error affects Waves 2, 4 and the first six months of Wave 6.

Index term

Financial Management: Pensions

Related question

workconditions_w8.penmtp

Final pension calculated

Text:
There are two main ways in which your pension entitlement can be worked out in an employers pension scheme. Which of these statements best describes how your pension will be calculated?

Universe:
if CURRENTEMPLOYMENT.JBSEMP = 1 (employee)
and if JBPEN = 1 (pension scheme at respondent's employer)
and if JBPENM = 1 (respondent is a member of employer's pension scheme)
and if PENMCN = 3 (pension scheme is non-contributory)

Wave specific data

Frequencies

Value labelValueAbsolute frequencyRelative frequency
inapplicable-82492763.44%
proxy-716834.28%
refusal-2390.1%
don't know-117374.42%
My pension will be related to my salary in my final year (or years) and the number of years I have been in the scheme1404610.3%
My pension will be dependent on the value of contributions paid to the scheme and the rate of return achieved on their investment2581214.79%
SPONTANEOUS: Combination of the two statements/other310492.67%
Total39293100.0%

Frequencies

Value labelValueAbsolute frequencyRelative frequency
Not available for IEMB-10461510.21%
inapplicable-82903164.24%
proxy-731286.92%
refusal-230.01%
don't know-111972.65%
my pension is a final salary scheme131326.93%
my pension depends on the value of contributions and investment returns238088.43%
spontaneous: combination of the two statements/other32740.61%
Total45188100.0%

Frequencies

Value labelValueAbsolute frequencyRelative frequency
inapplicable-84269590.7%
proxy-739358.36%
don't know-1260.06%
my pension will be related to my final salary and the years in the scheme11720.37%
my pension will depend on contributions paid and the rate of investment return22250.48%
spontaneous: combination of the two statements/other3180.04%
Total47071100.0%

Frequencies

Value labelValueAbsolute frequencyRelative frequency
inapplicable-84997491.58%
proxy-738817.11%
don't know-1430.08%
my pension will be related to my salary in my final year (or years) and the number of years i have been in the scheme13400.62%
my pension will be depend(ent) on the value of contributions paid to the scheme and the rate of return achieved on their investment23020.55%
spontaneous: combination of the two statements/other3290.05%
Total54569100.0%

Frequencies

Value labelValueAbsolute frequencyRelative frequency
missing-93292.11%
inapplicable-81080269.17%
proxy-79826.29%
don't know-13352.15%
Final salary1221514.18%
Return on invest29065.8%
Combination3480.31%
Total15617100.0%

Frequencies

Value labelValueAbsolute frequencyRelative frequency
missing-9370.2%
inapplicable-81537481.49%
proxy-78014.25%
don't know-14002.12%
Pension: final salary scheme115478.2%
Pension: investment scheme25562.95%
Pension: combined/other scheme31520.81%
Total18867100.0%