Wednesday 17th December 2014

(9 years, 5 months ago)

Written Statements
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Steve Webb Portrait The Minister for Pensions (Steve Webb)
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I am today announcing the proposed automatic enrolment thresholds for next year. We intend to lay an order before Parliament in the new year which will include the following:

£5,824 for the lower limit of the qualifying earnings band;

£42,385 for the upper limit of the qualifying earnings band.

The automatic enrolment earnings trigger will be frozen at £10,000.

I am also publishing the Government’s response to the public consultation on the automatic enrolment earnings thresholds review later today on the gov.uk website. I attach a copy of the Government’s response to the public consultation on the automatic enrolment earnings thresholds review to this statement.

Attachments can be viewed online at: http:// www.parliament.uk/writtenstatements