Royal Assent | Title | Description |
11 February 2021 | Pension Schemes Act 2021 | The Act makes a number of provisions about pension schemes. Of relevance for the FPS are enhanced powers available to the Pensions Regulator and creation of the legislative framework for Pensions Dashboards. |
25 April 2013 | Public Service Pensions Act 2013 | The primary legislation governing public service pension reform in 2015 (2014 for LGPS) is the 2013 Pensions Act. Often referred to as 'primary legislation' or the '2013 act' |
15 November 2011 | Localism Act 2011 [Chapter 2] | The Localism Act contains a wide range of measures to devolve more powers to councils and neighbourhoods and give local communities greater control over local decisions like housing and planning. |
26 November 2008 | Pensions Act 2008 | This Act introduces two key requirements for employers:
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Automatic Enrolment Trigger
The automatic enrolment and re-enrolment earnings trigger is the level of earnings at which employers are obliged to automatically enrol (and re-enrol) eligible jobholders into a qualifying workplace pension scheme.
Qualifying Earnings Band
Employers are then obliged to pay overall contributions at least equal to 8 per cent of a band of qualifying earnings made up of salary, wages, commission, bonuses, overtime and statutory sickness, maternity, paternity and adoption pay.
Following the end of contracting out in April 2016, GAD confirmed by letter that FPS England continues to meet the minimum requirements of a qualifying scheme for auto-enrolment.
In Force | SI | Title |
19 March 2021 | 2021/197 | The Restriction of Public Sector Exit Payments (Revocation) Regulations 2021 |
4 November 2020 | 2020/1122 | The Restriction of Public Sector Exit Payments Regulations 2020 |
1 April 2015 | 2015/3138 | The Public Service Pensions (Record Keeping and Miscellaneous Amendments) Regulations 2014 |
1 April 2014 | 2014/575 | The Public Service Pensions (Employer Cost Cap) Regulations 2014 |