22 May 2019
Since 1 October 2012 employers have been required to automatically enrol eligible jobholders into a suitable pension scheme and fund a minimum level of pension savings (without reducing pay or benefits elsewhere).
From 6 April 2019, at least 8% of an eligible jobholder’s qualifying earnings must be paid into the pension scheme, with a minimum employer contribution of 3%.
This inbrief includes:
- What is auto-enrolment?
- Who is eligible?
- Opting in and out of the scheme
- Employers’ existing pension arrangements
- Practical steps
To read the full in-brief please click 'download files'.