Rounded figures3

For a pay reference period referred to in an entry in column 1 of the table—

a

the amount of a jobholder’s earnings which triggers the automatic enrolment, or as the case may be, the automatic re-enrolment of the jobholder pursuant to sections 3 and 5 respectively of the Act, is the rounded figure5 in the corresponding entry in column 2 of the table;

b

the lower amount of qualifying earnings (see section 13(1)(a) of the Act), is the rounded figure in the corresponding entry in column 3 of the table6;

c

the upper amount of qualifying earnings (see section 13(1)(b) of the Act), is the rounded figure in the corresponding entry in column 4 of the table7.

Table

Column 1

Column 2

Column 3

Column 4

Pay Reference Period

Automatic enrolment and automatic re-enrolment earnings trigger: Rounded figure

Lower amount of qualifying earnings: Rounded figure

Upper amount of qualifying earnings: Rounded figure

1 week

£192

£118

£962

2 weeks

£384

£236

£1,924

4 weeks

£768

£472

£3,847

1 month

£833

£512

£4,167

3 months

£2,499

£1,534

£12,500

6 months

£4,998

£3,068

£25,000