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Automatic enrolment thresholds

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The government has laid the draft Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2020, setting the thresholds for employees to be automatically enrolled in workplace pension schemes from 6 April 2020.

As announced by the pensions minister in February, the earnings trigger is to be maintained at £10,000, while the qualifying earnings band lower limit will increase to £6,240 and the upper limit remain at £50,000 to maintain alignment with the NICs lower and upper earnings limits.

Issue: 1478
Categories: News