Research and analysis
Automatic enrolment: review of the earnings trigger and qualifying earnings band for 2023/24
This analysis supports the review of the earnings trigger and qualifying earnings band for automatic enrolment for the 2023 to 2024 financial year.
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Details
The automatic enrolment earnings trigger determines at what point an eligible person gets automatically enrolled into a workplace pension.
The qualifying earnings band sets minimum contribution levels for money purchase pension schemes. The minimum of the band is also relevant for defining who can opt in if they earn under the earnings trigger. The government reviews these every year and revises them if appropriate.
Under automatic enrolment, employers must enrol all workers into a workplace pension if they satisfy age and earnings criteria.