Abstract copyright UK Data Service and data collection copyright owner.
The Understanding Society: Linked Nest Auto-enrolment Pensions Dataset, 2014-2022: Secure Access study contains a file extracted from the National Employment Savings Trust (Nest), a defined contribution workplace pension scheme set up as part of the UK government's workplace pension reforms under the Pensions Act 2008, with the first members being brought into the scheme in October 2012. This file can be linked (within the UK Data Service Secure Lab) to Understanding Society participants using the cross-wave personal identifier (variable pidp). For all individuals with a valid consent to Nest linkage collected in Wave 11 of Understanding Society, and a Nest account, the data file includes information on: participation in, and levels of savings and withdrawals within, the UK's pensions auto-enrolment system; workers' behaviour within the workplace pensions system; labour market dynamics, including earnings patterns broken down into individual employments. See the documentation for further details.This study is linked through the pidp variable to one of the main Understanding Society datasets: SN 6614 (End User Licence), SN 6931 (Special Licence) or SN 6676 (Secure Access). Further details can be found on the Understanding Society series webpage.
Main Topics:
Topics covered in the data files include involvement in and interaction with the auto-enrolment system, including: the start and end months of all enrolments into the Nest scheme contributions paid by the individual, the employer and the government (in tax relief)savings balances, withdrawals and other behaviours within the Nest scheme start and end date of any employments with employers using Nest as their auto-enrolment pension schememonthly pensionable earnings received in each of these employments - as normalised from weekly, fortnightly or monthly payroll data received by Nest from the employerSee the documentation for further details.
Compilation/Synthesis