Citation, commencement and interpretation1
1
This Order may be cited as the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order (Northern Ireland) 2016 and shall come into operation on 6th April 2016.
2
In this Order any reference to a numbered section is a reference to the section of the Pensions (No. 2) Act (Northern Ireland) 2008 bearing that number.
Increase of amount2
In section 13(1)(b)4 (qualifying earnings) for “£42,385” substitute “£43,000”.
Rounding of figures3
For the purposes of sections 3(6B)5, 5(7B) and 13(2) (automatic enrolment, automatic re-enrolment and qualifying earnings), in the case of a pay reference period of a length described in the first row of the Table, the rounded figure in respect of the provision mentioned in the first column of the Table is that which appears below the pay reference period which corresponds to that provision.
Provision | 1 week | 2 weeks | 4 weeks | 1 month | 3 months | 6 months |
|---|---|---|---|---|---|---|
Sections 3(6B) and 5(7B) | £192 | £384 | £768 | £833 | £2,499 | £4,998 |
Section 13(2) (referring to section 13(1)(a)) | £112 | £224 | £448 | £486 | £1,456 | £2,912 |
Section 13(2) (referring to section 13(1)(b)) | £827 | £1,654 | £3,308 | £3,583 | £10,750 | £21,500 |
Revocation4
Article 3 of the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order (Northern Ireland) 20156 is revoked.
Sealed with the Official Seal of the Department for Social Development on 24th March 2016