A "vast" number of workers in the UK face reduced pension contributions, the Liberal Democrats have claimed.
The party’s comment comes despite recent pension reforms announced by the government.
According to the Lib Dems, 42,000 employers will reduce their contributions to employees’ pension as a result of the plans.
Steve Webb, Liberal Democrat spokesman for work and pensions, said: "Government boasts that its workplace pensions reforms will make everyone better off in retirement are fanciful.
"How will people be better off if their employers cut the money they put into their pensions?
"It is now more important than ever that we have a decent state pension that people can fall back on."
According to the Lib Dems, the figures come from a government report on the impact its reforms would have on employer contributions.
Reduced employer contributions could leave many workers exploring additional ways of funding their retirement.
This could lead to a rise in the popularity of equity release schemes which provide an income for homeowners through the value of their property assets.
