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Under the pensions auto-enrolment provisions, the date from which
employers are required to auto-enrol certain workers into a qualifying workplace
pension scheme (known as the "staging date") depends on the size of their PAYE
scheme on 1 April 2012. The duty to auto-enrol workers is being phased in
gradually, beginning with the largest employers. The staging timetable will
begin on 1 October 2012 with employers with 120,000 or more individuals in their
PAYE scheme as of 1 April 2012. The Department for Work and Pensions has
stated that the duty to auto-enrol workers into a qualifying pension scheme will
not apply to employers with fewer than 50 individuals in their PAYE scheme on 1
April 2012 until June 2015 at the earliest.
A change in the size of an employer's workforce after 1 April
2012, no matter how significant, will not affect the employer's staging
date.
Also
The XpertHR FAQs section provides the answers to the following
questions:
Matthew Giles of Squire Sanders explains the implications of the
pensions auto-enrolment provisions for employers in a series of articles:
- Pensions auto-enrolment: overview
Most employers will be caught by the pensions auto-enrolment provisions and
will have to auto-enrol their workers into a qualifying pension scheme at some
stage.
- Pensions auto-enrolment: case
studies Employers will be given a staging date from which they must
auto-enrol eligible jobholders into a qualifying pension scheme. These
cases studies look at the staging date arrangements.
- Pensions auto-enrolment: frequently
asked questions These frequently asked questions consider, among other
things, whether or not employers that already provide a workplace pension
scheme will be affected by the pensions auto-enrolment rules and how much
employers must contribute into a pension scheme as a result of the
auto-enrolment provisions.
- Pensions auto-enrolment: checklist
The series of articles concludes with a checklist to help employers prepare
for pensions auto-enrolment.
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