I understand logic of Pensions Commission not looking at the triple lock. But assuming it remains has big consequences for how much people should save. Compare first and last cols of this table (earnings indexed v triple lock). Less case for higher conts if triple lock stays.

Some of the low Pakistani + Bangladeshi enrolment due to lower employment rates (and more self-empl). But employees of these ethnicities also more likely to opt-out after automatic enrolment. See here for more (w @LaurenceOBrien_ @David_Sturrock) : .

Instead, in our @TheIFS Pensions Review we suggested that employers be obliged to make at least a 3% pension contribution to almost all employees. Helping to address the fact that about 20% of private sector employees are not in a workplace pension scheme. (2/3).

From BBC article on new Pensions Commission. *If* govt only increases min employer pension contributions for those in a pension then likely to make people who opt out worse off: .no extra contributions . likely lower pay due pass through from higher employer costs .(1/3)

Following our @TheIFS Pensions Review over the last 2 years, the government's announcement on their new Pensions Commission is most welcome. There's a lot to like about UK pension system, but issues and challenges that need work.

Why is there speculation about moving doctors' remuneration away from pensions?. Well almost 1/4 of doctors in core training opt out of the NHS pension. Similar issues (to differing extents) exist in other parts of the public sector too, not just doctors!

This is very kind. Especially as I thought @PJTheEconomist was meant to be enjoying himself on holiday!.

I am delighted that starting today, I am Deputy Director at the @TheIFS, as @HelenMiller_IFS becomes Director. Looking forward to working even more with my fantastic colleagues to help IFS succeed and deliver rigorous and impactful research on key policy issues facing the UK.

As part of the @TheIFS Pensions Review, we drew on a huge amount of data. @ELSA_Study was a key source of data with 20+ years of information on older people's wealth, work and health in England. @Heidi_Karj and I have written about it here: .

RT @PJTheEconomist: Thank you Helen. It has been a huge honour and privilege to work at IFS with the most brilliant and talented colleagu….

RT @HelenMiller_IFS: It’s the end of an era @theIFS.Today is @PJTheEconomist’s last day. He’s been a fantastic Director and will be great….

RT @TomWatersEcon: I quite often get asked what I think about a wealth tax. A very good "elevator summary" of the economics of a wealth tax….

RT @Heidi_Karj: Link to the OBR report here: And ours here:

BBC's coverage of the OBR report on fiscal risks includes this line about our @TheIFS work. Not quite how i'd put it. the point is that we can follow what Australia does - long run rise in line with earnings, while still protecting again inflation in every year.

More generally, it is great to see the OBR draw on a huge amount of IFS work undertaken on pensions adequacy as part of our Pensions Review

Big challenges for the public finances coming from state pensions: ageing population & triple locked state pension. A better system is possible: use the triple lock to reach a target for the state pension & long run growth in line with average earnings.

RT @TheIFS: NEW PODCAST: How to fix UK pensions? . @PJTheEconomist is joined by Carl Emmerson and @LaurenceOBrien_ to discuss whether peopl….

RT @TomWatersEcon: Had a really good time on The Briefing Room with @DAaronovitch talking about the welfare bill. Check it out!. https://t.….

RT @TheIFS: 📰 "Govt must act swiftly after IFS findings to support pensions system". Read @DavidGauke and @JoanneSegars article about our f….

RT @TomWatersEcon: What do the changes to the UC & PIP bill do? Until an hour ago, it contained 3 major reforms:. ❌Tighten PIP eligibility….