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Automatic enrolment: review of the earnings trigger and qualifying earnings band for 2019/20
Automatic enrolment: review of the earnings trigger and qualifying earnings band
Department for Work and Pensions (DWP)
Dec 2018 United Kingdom Automatic Enrolment
The DWP has published its review of the earnings trigger and qualifying earnings band for automatic enrolment into a workplace pension. The Secretary of State has concluded that the existing threshold of £10,000 remains the correct level at this point in the establishment of automatic enrolment and will not change for 2019/20. This represents a real terms decrease in the value of the earnings trigger when assumed wage growth is taken into account and will bring in an additional 40,000 individuals into the target population.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Dec 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.

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