Auto-Enrolment

Auto-Enrolment

The majority of workers in the private sector are not currently in a pension scheme. This is especially true of the construction industry. As a result the previous Labour government introduced (through the Pensions Act 2008) an auto-enrolment pension scheme which requires that most workers will be enrolled into a workplace pension scheme. Workplace pensions are often also referred to as a ‘company pension’, ‘occupational pension’ or a ‘works pension’.

From October 2012, employers must begin to automatically enrol certain members of their workforce into an additional workplace pension scheme. The duty will come into force first for large employers, smaller employers will follow over the coming years. For the first time employers will be required to make a contribution towards their workers' pensions.

Further information:

UCATT auto-enrolment briefing - October 2012

 

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