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registered interest false more like this
date less than 2019-09-25more like thismore than 2019-09-25
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Workplace Pensions: Airdrie and Shotts more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, how many and what proportion of people in Airdrie and Shotts constituency have (a) opted out after being auto-enrolled into a workplace pension and (b) saved more than the auto-enrolment minimum contribution. more like this
tabling member constituency Airdrie and Shotts more like this
tabling member printed
Neil Gray more like this
uin 290806 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-01more like thismore than 2019-10-01
answer text <p>Automatic enrolment has achieved a quiet revolution through getting employees into the habit of pension saving, and reversing the decline in workplace pension participation in the decade prior to these reforms. Since automatic enrolment started in 2012 participation rates have been transformed with 87% of eligible employees saving into a workplace pension in 2018, up from 55% in 2012.</p><p> </p><p>The Department does not hold data for individual constituencies in relation to opt outs or the number of individuals who have saved above the automatic enrolment minimum contribution level. However, we do know that overall around 9% of automatically enrolled workers have chosen to opt out which is significantly below original estimates, and our latest evaluation report shows that in April 2017, approximately 5.9 million eligible employees were already meeting the April 2019 minimum contribution rates.</p><p> </p><p>In the Airdrie and Shotts constituency, from 2012 to August 2019, approximately 8,000 eligible jobholders have been automatically enrolled and 960 employers have met their duties.</p>
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
question first answered
less than 2019-10-01T15:02:43.83Zmore like thismore than 2019-10-01T15:02:43.83Z
answering member
4142
label Biography information for Guy Opperman more like this
previous answer version
136338
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4365
label Biography information for Neil Gray more like this