/
Mr  John Smith Mr  John Smith

Mr John Smith - PowerPoint Presentation

ellena-manuel
ellena-manuel . @ellena-manuel
Follow
400 views
Uploaded On 2016-04-06

Mr John Smith - PPT Presentation

London United Kingdom WC2N 6LE 0206 2015 Automatic Enrolment 3 s pension scheme A change in the law that affects you Dear Mr John Smith Automatic Enrolment is coming 0107 2015 ID: 275206

jobholder eligible scheme enrolment eligible jobholder enrolment scheme pension 00pa earnings automatic assessed automatically entitled enrolled john workplace employees

Share:

Link:

Embed:

Download Presentation from below link

Download Presentation The PPT/PDF document "Mr John Smith" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

Slide1

Mr John SmithLondon United Kingdom WC2N 6LE02/06/2015Automatic Enrolment (3) 's pension scheme - A change in the law that affects youDear Mr John SmithAutomatic Enrolment is coming - 01/07/2015The government has introduced some new legislation that requires all employers to automatically enrol employees onto a workplace pension scheme, ifthey meet certain criteria.Employees will be categorised into the following:You will be assessed on these values at a pro-rated amount, according to your pay period. If you are assessed as an Eligible Jobholder you will be automatically enrolled into the relevant pension scheme.If you are assessed as a Non-eligible Jobholder or an Entitled Worker, you will have the right to become a member of a workplace pension scheme, but you will not be automatically enrolled.These changes are taking effect from 01/07/2015.What do I need to do?At the moment nothing, further communication will be sent out to inform you how automatic enrolment will affect you and your rights.If you would like to learn more about automatic enrolment please visit:www.gov.uk/workplacepensionsYours sincerely,Test

Age Range -> Earnings

16-21 22-SPA* SPA*-74

Under lower earnings threshold

(< £5,772.00pa)

Entitled Worker

(can request to join a scheme)

Between £5,772.00pa and £10,000.00pa

Non-eligible Jobholder

(can Opt In to an auto enrolment scheme)

Over earnings trigger for automatic enrolment

(>£10,000.00pa)

Non-eligible Jobholder

Eligible Jobholder (must auto

enrol

)

Non-eligible Jobholder