Oral Question·Department for Work and Pensions
“What assessment she has made of the adequacy of levels of pension contributions for auto-enrolled pensions for lower earners.”
Tabled: 10 December 2024Answered: 16 December 2024
Asked by
Rebecca Long Bailey
Labour — Salford
Answering Minister
the Secretary of State for Work and Pensions
Answer from Hansard
The Parliamentary Under-Secretary of State for Work and Pensions (Emma Reynolds)
Due to the introduction of auto-enrolment, which is at least one policy that has cross-party support—it was legislated for by the last Labour Government and was taken forward by the coalition Government—there has been a 92% increase in the number of employees saving into a workplace pension scheme since 2012, which is over 10 million people saving for a pension who were not saving previously.