Synopsis: The DWP has published its response to the consultation on Automatic Enrolment earnings thresholds for 2015/16.
Date posted: Monday, December 22, 2014
Further to our bulletin the Government has published its response to the consultation and confirmed the Automatic Enrolment earnings thresholds for 2015/16.
A draft Revision Order will be laid before Parliament in early 2015 which specifies the following amounts:
£5,824 for the lower limit of the qualifying earnings band
£42,385 for the upper limit of the qualifying earnings band
Employers use amount someone earns between the lower and upper qualifying bands to work out how much that person must pay into a workplace pension.
The amount someone must earn to be automatically enrolled into a workplace pension (the earnings trigger) will remain at £10,000.
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