Pension scheme automatic enrolment
What is auto-enrolment?
The new law on workplace pensions imposes a legal duty on employers to help their UK workers to save for their retirement. The employer must identify when a worker becomes an eligible jobholder by being aged between 22 and 65 and having qualifying earnings equating to more than the income tax personal allowance. The employer must then automatically enrol the eligible jobholder into a qualifying workplace pension scheme and start making employee and employer contributions to the pension scheme for the worker’s benefit.
Staff can find further information on the websites listed below about each of the University's pension schemes including information about what to do should they receive a letter telling them they have been automatically enrolled into one of these schemes:
The websites of the Pensions Regulator and central government (i.e. www.gov.uk that has replaced www.directgov.uk), contain comprehensive information and guidance about pension auto-enrolment. Links to the relevant home pages are: