Gregory Campbell – 2016 Parliamentary Question to the Department for Work and Pensions

The below Parliamentary question was asked by Gregory Campbell on 2016-02-23.

To ask the Secretary of State for Work and Pensions, what steps his Department plans to take to ensure that employees who initially opted out of the automatic enrolment into pension provision are informed of the importance of revising of their individual pension status.

Justin Tomlinson

Automatic enrolment has been a great success to date. Since the roll out of automatic enrolment, nearly 6 million people have been automatically enrolled into a workplace pension. Only 10% of individuals that have been automatically enrolled so far have chosen to opt out. This is one of the key indicators of the policy’s success in increasing participation in pension saving.

Individuals who have opted out of automatic enrolment and have subsequently changed their mind can discuss with their employer how to opt back in. Furthermore, employers are required by law to automatically re-enrol eligible workers every three years. This prompts individuals to periodically reconsider their saving arrangements. Employers also have duties to provide certain information to their workers within prescribed time limits.

In addition, the national communications campaign, Don’t Ignore the Workplace Pension, raises awareness of pension saving among both employees and employers, and promotes the idea that saving in a workplace pension is normal. The campaign directs individuals to the campaign website, The Pension Regulator’s website, and the relevant gov.uk website.