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Pensions

Work and Pensions written question – answered on 24th November 2011.

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Photo of Gregg McClymont Gregg McClymont Shadow Minister (Work and Pensions)

To ask the Secretary of State for Work and Pensions if he will estimate the number of people who would be disadvantaged if the roll-out of auto-enrolment into pensions at work were to be deferred by two years.

Photo of Steve Webb Steve Webb The Minister of State, Department for Work and Pensions

The Department estimates that between 9 million and 10 million people are eligible for automatic enrolment and are not currently saving in a qualifying workplace pension scheme. Delaying automatic enrolment for two years would mean these individuals would forego the opportunity to save in a workplace pension scheme for those two years.

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