Summary
EMPLOYERS must prepare for pension auto-enrolment now, in order to plan for potentially significant additional costs and administrative needs.
By 2017, virtually all employees will be entitled to membership of a pension scheme for which contributions will be at least eight per cent of relevant earnings, of which the employer must pay at least three per cent. Contributions will start at two per cent, rising to five per cent in 2016, and ultimately eight per cent in 2017.See the full content of this document
Extract
Preparing for Pension Auto-Enrolment
The starting date will depend mainly on the n...
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