Finance
Auto Enrolment
Auto-Enrolment
Auto-enrolment requires that all workers are identified and assessed to determine whether the University has a duty to pay at least minimum contributions to a qualifying workplace pension scheme. Qualifying workers must be automatically enrolled into a pension scheme. Whether the University has a duty to do this is determined by the category of the worker
Automatic enrolment came into force on 1 October 2012. Implementation will be phased across all employers. The University implemented auto-enrolment from May 2013.
Employees who are eligible for auto-enrolment will continue to have the option to opt-out of the pension scheme should they desire. This decision will need to be re-confirmed every 3 years.
The transition onto the new auto-enrolment process will be made as simple and easy to follow as possible with minimum disruption to current practices.