Automatic Enrolment Annual Thresholds Debate
Full Debate: Read Full DebateDepartment: Department for Work and Pensions
Steve Webb
Main Page: Steve Webb (Liberal Democrat - Thornbury and Yate)Department Debates - View all Steve Webb's debates with the Department for Work and Pensions
Automatic Enrolment Annual Thresholds
Steve Webb Excerpts(11 years ago)
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The Minister of State, Department for Work and Pensions (Steve Webb)
I am today announcing the proposed automatic enrolment thresholds for next year.
It is intended to lay an order before Parliament in the new year which will include the following:
£10,000 for the automatic enrolment earnings trigger;
£5,772 for the lower limit of the qualifying earnings band;
£41,865 for the upper limit of the qualifying earnings band.
I am also placing a copy of the analysis supporting the proposed revised thresholds in the House Library.
These papers will also be available later today on the www.gov.uk website.