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Auto Enrolment compliance doesn't end when you reach your staging date.

As most employers have now met their staging date and completed the necessary to be compliant with The Pensions Regulator; the responsibilities don’t end there.

 

Every time the payroll is ran there should be an assessment completed on the employees to see what worker category they are and if there have been any changes. For example, a pay rise may push an employee into the “eligible worker” category or an employee may turn 22.

 

We are now coming up to the time where employers have been staged for 3 years. This means any eligible staff who opted out, are automatically put into the pension again. Employers will also have to complete a re-declaration of compliance to confirm what has been done.

 

Another thing employers need to be aware of is that the minimum contribution rates are due to increase from 1 April 2018 as below:

 

 

Current %

% from 1 April 2018

Increase

Employer Contribution

1%

2%

1%

Employee Contribution

1%

3%

2%

 

 

 

 

 

For any questions or concerns regarding Automatic Enrolment, contact Joanne Hagreen on 01900 603623 or email to joannehagreen@robinsonco.co.uk

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