Small Employers Obliged to Start Offering Staff Pensions from 1 June 2015
Small employers will have to start offering their staff pensions from 1 June 2015 under auto-enrolment.
Employers with fewer than 50 employees will become subject to the new obligation on their staging date. This will be a date between 1 June 2015 and 1 April 2017. The obligation applies in respect of workers over the age of 22 who earn more than £10,000 per annum.
Employers can check their staging date on the Pensions Regulator’s website. They will need to have their PAYE reference to hand.
Employers who set up in business and employ someone for the first time after 1 April 2012 will have at least another two years before having to offer their staff a pension. Further information about staging dates for these employers can also be found on the Pensions Regulator’s website.
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