According to one study, savers with disabilities typically have savings of only about a third of the average pot as they approach retirement.
Disabled people aged 60-64 saved an average of £47,980, according to research by the Pensions Policy Institute.
This is only around 36% of the average UK pension pot size of £130,928, a difference of nearly £83,000.
The research was commissioned by pension provider NOW: Pensions, which said there were just over four million disabled workers in the UK and many were in low-paid or part-time jobs.
The high prevalence of part-time work among disabled workers means many are excluded from employer pensions because they do not earn a minimum of £10,000 in a single job – the earnings ‘trigger’ for automatic enrollment.
Joanne Segars, chair of the Trustees of NOW: Pensions, said: “We want to make retirement savings fairer for everyone in the UK and our policy proposal to remove the £10,000 income threshold would help. 500,000 additional disabled people to save for their retirement. ”
A government spokesperson said: “The number of people with disabilities in employment has increased by 1.3 million since 2017 and over the next three years we will invest £1.3 billion in support for employment of people with disabilities and people with health problems.
“At the same time, automatic enrollment has helped millions more people save for retirement, with the participation of eligible disabled people rising from 53% in 2012/13 to 88% in 2019/20.
“Our plans to remove the lower income limit for contributions and lower the age of eligibility for automatic enrollment to 18 in the mid-2020s will allow even more people to save more and start save earlier.”