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Pensions Act (Northern Ireland) 2012

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This is the original version (as it was originally enacted).

Earnings trigger for automatic enrolment and re-enrolment

Explanatory NotesShow EN

6.—(1) In section 3 of the Pensions (No. 2) Act (Northern Ireland) 2008 (automatic enrolment) for subsection (1) substitute—

(1) This section applies to a jobholder—

(a)who is aged at least 22,

(b)who has not reached pensionable age, and

(c)to whom earnings of more than £7,475 are payable by the employer in the relevant pay reference period (see section 15)..

(2) After subsection (6) of that section insert—

(6A) In this section “earnings” has the meaning given in section 13(3).

(6B) In the case of a pay reference period of less or more than 12 months, subsection (1) applies as if the amount in paragraph (c) were proportionately less or more..

(3) In section 5 of the Pensions (No. 2) Act (Northern Ireland) 2008 (automatic re-enrolment) for subsection (1) substitute—

(1) This section applies to a jobholder—

(a)who is aged at least 22,

(b)who has not reached pensionable age, and

(c)to whom earnings of more than £7,475 are payable by the employer in the relevant pay reference period (see section 15)..

(4) After subsection (7) of that section insert—

(7A) In this section “earnings” has the meaning given in section 13(3).

(7B) In the case of a pay reference period of less or more than 12 months, subsection (1) applies as if the amount in paragraph (c) were proportionately less or more..

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