The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2014

• Citation: S.I. 2014/623
• Sections: 4

Section 1 Citation, commencement and interpretation

(1) This Order may be cited as the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2014 and comes into force on 6th April 2014.

(2) In this Order “ the Act ” means the Pensions Act 2008.

Section 2 Increase of amounts

(1) In sections 3(1)(c) (automatic enrolment) and 5(1)(c) (automatic re-enrolment) of the Act , for “£9,440” substitute “ £10,000 ” .

(2) In section 13(1) (qualifying earnings) of the Act —

(a) in paragraph (a), for “£5,668” substitute “ £5,772 ” ; and

(b) in paragraph (b), for “£41,450” substitute “ £41,865 ” .

Section 3 Rounding of figures

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Section 4 Revocation

Article 3 of the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2013 is revoked.