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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 eligible for auto-enrolment into pensions at work if companies with 10 or fewer employees were exempted.

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. If companies with 10 or fewer employees were exempted, this would reduce the number of people eligible by between 2 million and 3 million, resulting in an estimate of around 7 million people eligible for automatic enrolment.

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