DWP Review of the Automatic Enrolment Earnings Trigger and Qualifying Earnings Band
Released 04 December 2018
The Department for Work and Pensions (DWP) has published its review of the automatic pension enrolment earnings trigger and qualifying earnings band for 2019-20.
The review has concluded that the earnings trigger will remain at £10,000 and both the lower and upper earnings limits will continue to be aligned to the National Insurance contribution thresholds. Accordingly, an Order will be laid before Parliament in the New Year which will include the following, for 2019-20:
•£50,000 for the upper limit of the qualifying earnings band;
•£6,136 for the lower limit of the qualifying earnings band;
•The automatic enrolment earnings trigger will be maintained at £10,000.
Minimum contribution rates will also increase to 8 per cent from April 2019.
For more information and to view the report Automatic Enrolment Annual Earnings Trigger and Qualifying Earnings Band Review:Written statement - HCWS1135.