Automatic enrolment

From 2012 the largest organisations in the UK will have to enrol their workers into a qualifying workplace pension scheme if they meet certain requirements. The workers will not have to make an active decision to become a member of the scheme, but will have to meet certain criteria to be eligible for automatic enrolment. Workers must have qualifying earnings and be at least 22 but under State Pension Age.

This practice will gradually be enforced in medium and smaller organisations over the following years until 2018.

Further Reading:

NOW: Pensions Auto Enrolment Solutions

What is my Auto Enrolment Staging Date?

 

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