What is Automatic Enrollment?

Article author
Nneka
  • Updated

The government mandates that employers enroll eligible employees into a workplace pension scheme to support retirement savings. To qualify for automatic enrollment, employees must meet these criteria:

  • Earn at least £10,000 annually (£833 per month)
  • Be 22 years of age or older
  • Be below the state pension age
  • Typically work within the UK

Employees who do not meet these requirements will not be automatically enrolled but may still have the option to join the scheme.

If an employee meets the criteria, they will be automatically enrolled into the Remote Technology Services workplace pension scheme, managed by Scottish Widows, at the end of their third month of employment.

Employees can choose to join the pension scheme before the end of the 3-month postponement period. To opt-in, please contact the Remote Technology Services Pension Account at: uk_pension@remote.com.

 

Important Note
Starting from April 1, 2024, employees currently contributing through a net pay arrangement scheme will be automatically transitioned to a salary sacrifice scheme, unless they choose to opt into a relief at source scheme or if they are close to earning the national minimum wage.

See also: All about Salary Exchange in the UK

This change will result in both a slightly higher pension contributions and take-home pay. 

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