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Employers can postpone AE by three months, regulator
Pensions Regulator says employers can postpone enroling workers in pensions to help with business processes.
Employers will be able to postpone enroling their workers in a pensions scheme for up to three months, the Pensions Regulator has said.
According to guidance published by the Pensions Regulator today (10 February 2012), an employer will be able to push back the enrolment date for workers by up to three months under certain circumstances.
The option to postpone aims to help employers tidy up processes involved with taking on new employees, or aligning enrolment with existing payroll processes. To postpone enrolment, an employer must give their worker or workers a postponement notice.
Postponement can only be used for a worker on certain dates: the employer’s staging date, the first day of employment if later than the staging date, and the date a worker meets whatever criteria are set by the employer to become an eligible jobholder.
The new guidance has been updated to reflect changes brought buy the Pensions Act 2011 and recent regulations put before parliament.
