Auto-Enrolment Minimum Payments

Option 1- At least basic pay* is pensionable Option 1- At least basic pay* is pensionableOption 2- Qualifying earnings (or at least 85% of total pay) are pensionableOption 2- Qualifying earnings (or at least 85% of total pay) are pensionable Option 3- Total pay is pensionable Option 3- Total pay is pensionable
Payment Phasing PeriodMinimum Employer PaymentMinimum Total Gross PaymentMinimum Employer PaymentMinimum Total Gross Payment Minimum Employer PaymentMinimum Total Gross Payment
Oct 2018 onwards4%9%3%8%3%7%

*Basic pay includes regional allowance, but no other allowance, benefit in kind or irregular payment such as commission, overtime, bonus

2020/21 Earnings Threshold

ThresholdYearlyMonthlyWeekly
Lower Limit Qualifying Earnings£6,240£520.00£120.00
Earnings Trigger£10,000£833.33£192.30
Upper Limit of Qualifying Earnings£50,000£4,167£962.00
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