Workplace Pensions - employers' obligations
All employers will have to provide workers with a workplace pension scheme by law over the next few years. The biggest employers started doing this in October 2012. This is called ‘automatic enrolment’. If you don’t already offer workers a workplace pension scheme, you must set one up before your business’ staging date.
You must enrol into the scheme all workers who:
* are aged between 22 and the State Pension age
* earn at least £9,440 a year
* work in the UK
* You must make an employer’s contribution to the pension scheme for those workers.
Guidance for employers
Chesterton Grant has more information for employers about automatic enrolment. Call 01244 526888 to find out how we can help your company ensure you are fulfilling your legal obligations.