When will you be enrolled in the new pension regime?

Last updated: Oct 1st, 2012
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When you will be auto-enrolled depends on the size of your company. For businesses employing more than 120,000 workers, auto-enrolment begins today (1 October 2012). The scheme will then be phased in across all companies. 
 
A medium-sized company (90 to 499) will have until January 2014 before it has to comply with the new rules, while smaller companies such as your local chip shop can leave it for another five years. 
 
Saying that, all employers in Britain are expected to have introduced auto-enrolment by 1 April 2017. This means that those who work in the UK aged over 22 and under the state pension age, are not already in a scheme, and who earn more than £8,105 a year will automatically be enrolled.
 
 
To find out when you are likely to become auto-enrolled, see the table below.
 
NUMBER OF EMPLOYEES IN COMPANY STAGING DATE NUMBER OF EMPLOYEES IN COMPANY STAGING DATE
120,000+ 1 October 2012 50,000 - 119,999 1 November 2012
4,000 - 49,999 1 January - 1 June 2013 500 - 3,999 1 July 2013 - 12 November 2013
90 - 499 1 January 2014 - 1 November 2014 59 - 89 1 July 2014 - 1 November 2014
50 - 58 1 January 2015 - 1 April 2015 30 - 49 1 August 2015 - 1 October 2015
Less than 30 1 June 2015 - 1 April 2017 depending on tax code    
 
 

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