23
Mar
2016
A question about : When will first deductions come for auto pensions
For a firm with 300 employees, in which month will the first payment cons of pension .. Under auto-enrolled scheme take place?
Best answers:
- If the employer had 250-349 employees at 1 April 2012, auto-enrolment starts on 1 Feb 2014 see https://www.thepensionsregulator.gov....-timeline.aspx
However, on that date, your employer can choose to use a waiting period called "postponement" and this can be up to 3 months. So the first contribution could be deducted in the pay period that covers 1 Feb 2014 or could be up to three months later.
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