Pensions – Automatic Enrolment

2024/25

Auto enrolment places duties on employers to automatically enrol ‘workers’ into a work based pension scheme. Employers are required to automatically enrol all ‘eligible jobholders’ into a qualifying pension scheme and pay pension contributions on their behalf.

Employer minimum contribution	Total minimum contribution
3%	8%

Where the employer does not make the total minimum contribution the employee is obliged to pay the balance.

	2024/25
Automatic enrolment earnings trigger	£10,000
Qualifying earnings band – lower limit	£6,240
Qualifying earnings band – upper limit	£50,270

2023/24

Employer minimum contribution	Total minimum contribution
3%	8%

Where the employer does not make the total minimum contribution the employee is obliged to pay the balance.

	2023/24
Automatic enrolment earnings trigger	£10,000
Qualifying earnings band – lower limit	£6,240
Qualifying earnings band – upper limit	£50,270

Disclaimer

This publication is published for the information of clients. It provides only an overview of the regulations in force at the date of publication and no action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a result of the material contained in this publication can be accepted by the authors or the firm.