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Employers must pay their fair share on pensions, says TUC

Commenting on the recent ONS figures on workplace pensions, that show nearly 7 in 10 pension pots receive employer contributions of less than 4%, TUC General Secretary Frances O’Grady said:

“Pensions coverage is getting better. But too many employers are skimping on their staff pensions, contributing only the bare minimum.

“Pensioner poverty will get worse if the government doesn’t act now to boost contribution rates.

“Pensions are deferred pay. Millions of hard-working people won’t get the decent retirement they deserve unless action is taken.” 

Editors note

 

Original article link: https://www.tuc.org.uk/news/employers-must-pay-their-fair-share-pensions-says-tuc

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