Workplace Pensions

(asked on 13th November 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, how many workers are included in auto enrolled pensions.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Parliamentary Secretary (HM Treasury)
This question was answered on 19th November 2024

Automatic enrolment has succeeded in transforming pension saving with over 11 million employees having been automatically enrolled into a workplace pension since 2012. These statistics are available from The Pensions Regulator and are updated on a monthly basis in their Automatic enrolment declaration of compliance report.

The department’s regular publication of data, including the Workplace Pension Participation and Savings Trends, is available on GOV.UK. This publication includes a wide range of data on pension participation. Overall, 80% (22.3m) of employees in Great Britain are benefiting from participating in a workplace pension as of 2023. Considering only employees eligible for automatic enrolment, 88% (20.7m) of employees are participating.

Reticulating Splines