Published on 25 Nov 2015 • United Kingdom |
Year | Employer contribution | Total contribution (including tax relief) |
First transitional period: from employer's staging date to 5 April 2018 | 1% | 2% |
Second transitional period: from 6 April 2018 to 5 April 2019 | 2% | 5% |
Steady state: from 6 April 2019 | 3% | 8% |
"The Government has to ensure that automatic enrolment proceeds as originally planned. There should be no further change to either the staging or the phasing timetables so that the right workers are included and they can begin to build up the pensions they deserve and will need."