Workplace Pensions: Young People

(asked on 3rd March 2022) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what estimate she has made of the amount of income tax relief that would fall on the 18 to 21 age group in the event that the auto-enrolment of pensions was extended to that age group.


Answered by
Guy Opperman Portrait
Guy Opperman
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 9th March 2022

The findings from the 2017 Review of Automatic Enrolment estimated preliminary analysis of the policy option and showed that a reduction of the lower age limit to 18 would have increased income tax relief for those aged 18-21 by £113m upon its full introduction. A full and published impact assessment on the policy options will be completed at a time when legislation is brought forward.

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