Automatic enrolment phasing
Description

The 6th April 2019, saw a change in qualifying pension scheme contributions.

This applied to the amounts both employees and employers pay.

Any payments after 6 April 2019 are subject to the new minimum rates.

Cause
Resolution

What are the minimum contribution rates?

Date Employer minimum contribution Staff contribution Total minimum contribution
6 April 2019 onwards 3.00% 5.00% 8.00%
6 April 2018 to 5 April 2019 2.00% 3.00% 5.00%

For more information about changes, please visit TPR website (opens in new tab).

 

If you’re already paying above the increased minimum amounts, you don’t need to worry or make any changes.

What if your pension scheme requires different minimum contributions?

You have an agreement with your pension provider to:

  • Use different minimum contributions
  • Base the contributions on certain payments

The Pensions Regulator’s website provides further information.

Read more about making contributions to your pension scheme (opens in new tab).

If you’re unsure which elements your scheme uses, contact your pension provider.

Once you have this information, you can Manage your employees contributions.

 

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