Auto Enrolment Pension Increase

Auto-enrolment pensions

Auto-enrolment pension increase Under auto enrolment legislation, minimum pension contributions are required to increase over time. The next increase will happen on 6 April 2019 to a total of 8% of qualifying earnings of which 3% must be paid by the employer.   Minimum Employer contribution Minimum Employee contribution Total minimum contribution April 6 2018 … Read moreAuto Enrolment Pension Increase

Auto-enrolment pensions minimum contributions set to increase from 6th April 2018!

Auto-enrolment pensions

Please note that if you have staff the auto-enrolment pensions contribution goes up from 6th April 2018 and again from 6th April 2019. The new contribution rates will be: Date Effective Minimum Employer Contribution Staff Contribution Total Contribution Currently 1% 1% 2% 6th April 2018 2% 3% 5% 6th April 2019 onwards 3% 5% 8% … Read moreAuto-enrolment pensions minimum contributions set to increase from 6th April 2018!

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