Automatic enrolment earnings thresholds review and revision 2012/2013: consultation on revision proposals for the automatic enrolment earnings trigger and the qualifying earnings band

Document type
Discussion paper
Corporate author(s)
Great Britain. Department for Work and Pensions.
Publisher
DWP
Date of publication
1 December 2011
Subject(s)
Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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This consultation concerns the annual review of the thresholds for automatic enrolment in employer pension schemes. With automatic enrolment due to come into force in 2012 the current lower and upper limits of the qualifying earnings band, set in the Pensions Act 2008 at £5,035 and £33,540, require review in order that employers due to begin automatic enrolment may know the thresholds for 2012/13. The power to review the automatic enrolment thresholds is deliberately wide. It gives this and future Governments enough flexibility to future-proof their approach and react to changing policies and economic times. This document sets out the evidence base, the Government's analysis and initial proposals along with the rationale for these.

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