Auto Enrolment is a set of duties to make sure all employees who are eligible, automatically become members of a qualifying pension scheme with a high enough level of contributions. This means the employer has several new responsibilities such as:
• Workforce assessment • Provision and Auto Enrolment into a qualifying scheme • Facilitating opting out and refunds • Record keeping
You will have to understand your obligations as an employer over the next few years. For most small employers the following dates are relevant, however larger employers will have to register much sooner. In any event, now is the time to start reviewing what is involved.
• Any employer with a PAYE scheme registered before 1st April 2012 must have enrolled their staff by April 2017 • Any employer with a PAYE scheme registered from 1st April 2012 must have enrolled their staff by February 2018
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