automatic enrollment in pension schemes
"Automatic enrollment in pension schemes" refers to the process where employees are enrolled in a retirement savings plan by their employer without any explicit action required from the employees, ensuring that they are automatically saving for their future.
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Related Concepts (1)
Similar Concepts
- age-related pension schemes
- employee pension plans
- guaranteed pensions
- occupational pension schemes
- pension contributions
- pension eligibility
- pension funding
- pension payments
- pension plans
- pension scheme governance
- pension schemes for government employees
- pension schemes for private sector workers
- pension systems
- pensions
- social pensions