✓ Passed into LawLords
UK Parliament · Bill
Pensions (Extension of Automatic Enrolment) Act 2023
Summary
This Act expands automatic enrolment in workplace pensions to include more workers than before. Instead of waiting for people to join a pension scheme themselves, employers must automatically sign eligible employees up, with both the employer and worker contributing money that gets saved for retirement.
A vote to support means
- —Supporting this Act means more UK workers will automatically be enrolled into a workplace pension scheme, helping them save for retirement without having to sign up manually. This could mean millions of additional people have a better financial future when they stop working.
A vote to oppose means
- —Critics worry that extending automatic enrolment could increase costs for small businesses, particularly employers who may struggle with extra pension contributions for their staff. Some people might also object to money being taken from their wages automatically, even though it's meant to help them save.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Bill Passage
Commons
- 1st reading27 Feb 2023
- 2nd reading3 Mar 2023
- Committee stage15 Mar 2023
- 3rd reading24 Mar 2023
Lords
- 1st reading27 Mar 2023
- 2nd reading14 Jul 2023
- 3rd reading18 Sept 2023
Royal Assent18 Sept 2023
Full Bill Description(click to expand)
No description available