Requiring auto-enrollment

Cribb, Jonathan, and Carl Emmerson. “Requiring auto-enrollment”. Issue in Brief 19-6, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, March 2019. http://hdl.handle.net/2345/bc-ir:108361.
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Abstract

The brief's key findings are: (1) Policymakers worldwide are concerned that workers are not saving enough for retirement, in part due to a lack of coverage by employer-based plans. (2) The United Kingdom has recently completed a nationwide rollout of auto-enrollment, with the ability to opt out. (3) In the wake of this initiative, participation rates have jumped to around 90 percent at medium and large employers and 70 percent at small employers. (4) Most of the increase is among workers making the minimum default contribution, but the share contributing at higher rates has also risen significantly.

Title
Requiring auto-enrollment: lessons from UK retirement plans
Author
Cribb, Jonathan
Emmerson, Carl
Center
Center for Retirement Research
Genre
report
Date Issued
March 2019
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
19-6
Persistent Link
http://hdl.handle.net/2345/bc-ir:108361
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing Retirement

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