Increase of automatic enrolment contributions

Date: 06/04/19  |  Author: Sean Toomer  |   0 Comments

The minimum contributions you and your staff pay into a workplace pension will increase from 6 April 2019.

All employers who are required to auto enrol their employees into a pension scheme must increase the amounts they contribute to that pension.

The new amounts from 6 April 2019 are as follows:

Employer minimum contribution: 3%

Staff minimum contribution: 5%

 

If you're a Diverso client, we'll update these for you automatically.

For more information on pensions and auto enrolment, see our earlier post here.

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