Automatic Enrolment 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 Thresholds
Steve Webb Excerpts(9 years, 10 months ago)
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The Minister for Pensions (Steve Webb)
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