Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, if he will make an estimate of the number of employees in Portsmouth South constituency who are (a) leaving pension schemes or (b) reducing pension contributions due to the rising cost of living; and what plans he has to mitigate those outcomes.

The government continues to closely monitor the cost-of-living pressures on workplace pension participation.

The data requested for the number of employees in the Portsmouth South constituency who are either (a) leaving pensions schemes or (b) reducing pension contributions is not readily available and to provide it would incur disproportionate costs.

The most recent data shows that the proportion of pension savers who actively cease saving each month is below 1%. The department makes regular publications of the data that is held, including the Workplace Pension Participation and Savings Trends available and Ten Years of Automatic Enrolment in Workplace Pensions analysis and statistics, which are available on GOV.UK.

The role of Automatic Enrolment on workplace pension participation rates has been transformative, with 86% of eligible private sector employees saving into a workplace pension in 2021, up from 42% in 2012.