Campaigners renew calls for decent state pension after IFS proposes guaranteed workplace contributions
THERE is a “strong case” for employees to receive a workplace pension, even if they do not pay into it, research has shown.
Following research carried out by the Institute for Fiscal Studies (IFS) with the abrdn Financial Fairness Trust, it proposed that employees be guaranteed a pension contribution of at least 3 per cent of pay.
The scheme would benefit workers who may opt out of the pension scheme or are not enrolled automatically due to low earnings, researchers said, adding that it could be beneficial to women, part-time workers and young adults.
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