Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, whether he has made an assessment of the potential impact of pension contributions being reduced during maternity leave on women's retirement savings.
Automatic Enrolment has delivered substantial progress in increasing workplace pension participation among women, in addition to the reforms delivered through the new State Pension which have reduced historic inequalities. However, for the significant gaps between men and women remain, both in terms of pension participation and wealth, reflecting wider structural inequalities in the labour market. Periods of reduced pay during maternity leave may also contribute to reduced retirement savings for women.
The Pensions Commission will consider steps to improve pension outcomes for all, especially those groups we have identified at greater risk of under saving for retirement, including women. The Commission's final report will be published in early 2027 and the Government will consider their recommendations carefully.