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Auto-enrolment Pension and pay rises

Apologies if this question has been asked before.  I understand with auto-enrolment pension that employers are bound to pay a minimum % of salary in.  Could I ask if anyone knows what happens in the event of a pay-rise, should the employer contribution immediately rise, or is it rebased at the end of the tax year?

Thanks in advance.

Comments

  • JoeCrystal
    JoeCrystal Posts: 3,385 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Immediately....
  • NoMore
    NoMore Posts: 1,685 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 5 March 2023 at 4:54PM
    Its immediately however if the pay rise takes you above £50270, the employer legally only has to apply the % amount below that (and above £6240) but they could apply it to all your earnings.


  • boycey3
    boycey3 Posts: 13 Forumite
    Tenth Anniversary Combo Breaker First Post
    Thanks for the responses, very much appreciated
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