Occupational Pensions

Department for Work and Pensions written question – answered on 14th July 2017.

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Photo of Jonathan Lord Jonathan Lord Conservative, Woking

To ask the Secretary of State for Work and Pensions, what assessment he has made of the effect of compulsory workplace pensions on the level of private sector job creation since the introduction of those pensions in 2012.

Photo of Jonathan Lord Jonathan Lord Conservative, Woking

To ask the Secretary of State for Work and Pensions, what assessment he has made of the effect of compulsory workplace pensions on the level of private sector job creation since 2012.

Photo of Guy Opperman Guy Opperman The Parliamentary Under-Secretary of State for Work and Pensions

Automatic enrolment is a policy that works. Over 8 million individuals have been automatically enrolled into a workplace pension by more than 640,000 employers.

Since 2012 private sector employment has grown by 2.6 million to reach 26.5 million. Automatic enrolment has been implemented on a national basis rather than being trialled which means it is not possible to make any assessment of the effect on the level of private sector job creation.

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