Monday, 2 June 2014

Pension Auto Enrolment

‘Auto enrolment’

A new law means that every employer must automatically enrol workers into a workplace pension scheme if they:

  • are aged between 22 and State Pension age
  • earn more than £10,000 a year
  • work in the UK

You may not see any changes if you’re already in a workplace pension scheme. Your workplace pension scheme will usually carry on as normal.

But if your employer doesn’t make a contribution to your pension now, they will have to by law when they ‘automatically enrol’ every worker.

1 comment:

  1. Hiring someone locally can be expensive, time consuming, and you are restricted to the people who live in your area. Hire Talented Freelancers from the global talent pool on Freelancer. Post your first project free.

    ReplyDelete