Auto-enrolment Pensions – Changes to minimum contributions

News Article

If you operate an auto-enrolment pension scheme for your staff, you should be aware that the current minimum total contribution of 5% will increase to a total minimum contribution of 8% with effect from April 2019.

Date effective Employer’s minimum contribution Staff contribution Total minimum contribution
April 2018
until March 2019
2% 3% 5%
April 2019
to March 2020
3% 5% 8%
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Posted in Employment Law Update.