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Automatic Enrolment Annual Thresholds

Volume 572: debated on Tuesday 17 December 2013

I am today announcing the proposed automatic enrolment thresholds for next year.

It is intended to lay an order before Parliament in the new year which will include the following:

£10,000 for the automatic enrolment earnings trigger;

£5,772 for the lower limit of the qualifying earnings band;

£41,865 for the upper limit of the qualifying earnings band.

I am also placing a copy of the analysis supporting the proposed revised thresholds in the House Library.

These papers will also be available later today on the website.