MELROSE PUBCARE

Tel: 01454 419262 | Fax: 01454 850903
Email: melrose@pubcare.co.uk

Auto Enrollment rate increases

Auto Enrollment rate increases

From 6 April 2018, you may be required to increase your contributions to the employee’s automatic enrollment pension. Once you have staged, the table below outlines the minimum contribution required by the employer at various checkpoints:

Phasing period Employer minimum contribution
Before 5 April 2018 1%
6 April 2018 to 5 April 2019 2%
6 April 2019 onwards 3%

 

Any employee that has been enrolled may also need to increase their contributions, as their rates are also rising to the following:

Phasing period Employee minimum contribution
Before 5 April 2018 1%
6 April 2018 to 5 April 2019 3%
6 April 2019 onwards 5%

 

To ensure that you remain compliant, you will need to update your schemes to come into effect on the dates listed above. If Melrose processes your payroll, then we will apply this on your behalf.