Auto enrolment places new duties on employers to automatically enrol 'workers' into a work based pension scheme. Employers are required to automatically enrol all 'eligible jobholders' into a qualifying pension scheme and pay pension contributions on their behalf.
Phasing in of contributions
| Employer minimum contribution | Total minimum contribution | |
|---|---|---|
| Employer's staging date to 5 April 2018 | 1% | 2% |
| 6 April 2018 to 5 April 2019 | 2% | 5% |
| 6 April 2019 onwards | 3% | 8% |
Where the employer does not make the total minimum contribution the employee is obliged to pay the balance.
| 2017/18 | |
|---|---|
| Automatic enrolment earnings trigger | £10,000 |
| Qualifying earnings band - lower limit | £5,876 |
| Qualifying earnings band - upper limit | £45,000 |
Auto enrolment places new duties on employers to automatically enrol 'workers' into a work based pension scheme. Employers are required to automatically enrol all 'eligible jobholders' into a qualifying pension scheme and pay pension contributions on their behalf.
Phasing in of contributions
| Employer minimum contribution | Total minimum contribution | |
|---|---|---|
| Employer's staging date to 5 April 2018 | 1% | 2% |
| 6 April 2018 to 5 April 2019 | 2% | 5% |
| 6 April 2019 onwards | 3% | 8% |
Where the employer does not make the total minimum contribution the employee is obliged to pay the balance.
| 2016/17 | |
|---|---|
| Automatic enrolment earnings trigger | £10,000 |
| Qualifying earnings band - lower limit | £5,824 |
| Qualifying earnings band - upper limit | £43,000 |