Automatic Enrolment Annual Thresholds Debate
Full Debate: Read Full DebateSteve 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
(10 years, 8 months ago)
Written StatementsI 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.