Total Membership
As at 31 March 2017, the total membership of the Scheme was 5.6million, compared with 5.3million as at 31 March 2016. The greatest increase in absolute and relative terms was to deferred membership, which increased by 10.5% over the year, however, this was due in part to the reporting of undecided leavers previously not included in deferred totals.
 |
(000s) |
Actives |
Deferreds |
Pensioners |
Total |
|---|---|---|---|---|
|
2012 █ |
1,705 |
1,529 |
1,366 |
4,600 |
|
2013 █ |
1,728 |
1,621 |
1,408 |
4,758 |
|
2014 █ |
1,819 |
1,723 |
1,459 |
5,001 |
|
2015 █ |
1,870 |
1,798 |
1,487 |
5,156 |
|
2016 █ |
1,899 |
1,859 |
1,530 |
5,289 |
|
2017 █ |
1,964 |
2,078 |
1,642 |
5,684 |
|
Increase (decrease) 2013 |
1.4% |
5.7% |
3.0% |
3.3% |
|
Increase (decrease) 2014 |
5.0% |
5.9% |
3.5% |
4.9% |
|
Increase (decrease) 2015 |
2.7% | 3.7% | 1.9% | 2.8% |
|
Increase (decrease) 2016 |
1.5% | 3.3% | 2.9% | 2.5% |
|
Increase (decrease) 2017 |
3.3% | 10.5% | 6.8% | 6.9% |
Change in membership over year ended 31 March 2017
Actives |
Deferreds |
Pensioners |
Total | |
|---|---|---|---|---|
|
2012 |
37.1% |
33.2% |
29.7% |
100% |
|
2013 |
36.3% |
34.1% |
29.6% |
100% |
|
2014 |
36.4% |
34.4% |
29.2% |
100% |
|
2015 |
36.3% |
34.9% |
28.8% |
100% |
|
2016 |
35.9% |
35.2% |
28.9% |
100% |
|
2017 |
34.5% |
36.6% |
28.9% |
100% |
Employers
The total number of employers listed in the Fund annual report and accounts 2016 was 14,019, compared with 12,915 for 2016. These totals includes active and ceased employers as well as scheduled and admitted bodies, including outsourcing companies, academies etc.
These figures may differ from employers listed in actuarial valuation reports and SF3 figures, as inactive employers with no active or deferred pensioner members may or may not be included.
CIPFA annual report guidance was updated for 2014 to included provision of an employer table with the aim of providing a more accurate figure for active versus ceased employers. Tables were provided in 15% of annual reports in 2014; this rate had improved to 57% in 2015 (including where equivalent information was disclosed) and was higher still at 62% for 2016. It is hoped that more administrating authorities will provide this information in future. Taking the ceased employer total from the grand total gives a figure of 12,090 not including ceased employers.
Average number of employers per fund by type of administering authority
|
 |
The chart shows how the average number of employers differs between the types of administering authority. County council administered funds typically have more participating employers compared with London boroughs. The 'Other' category comprises the London Pension Fund Authority, Transport Authorities and the Environment Agency funds.
