House of Commons · Written Ministerial Statement
Automatic Enrolment Earnings Trigger and Qualifying Earnings Band Review 2022/23
08 February 2022 · Department for Work and Pensions
Proposed by Guy Opperman Con Hexham
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The statement addresses the annual review of Automatic Enrolment earnings trigger and qualifying earnings band thresholds for 2022/23
- The AE thresholds will be frozen at 2021/22 levels
- Analysis supporting this decision will be published in the House library and on the gov.uk website after publication
Issue summary
The statement addresses the annual review of Automatic Enrolment (AE) earnings trigger and qualifying earnings band thresholds for 2022/23.
Action requested
The AE thresholds will be frozen at 2021/22 levels, ensuring policy stability and affordability. The analysis supporting this decision will be published in the House library and on the gov.uk website after publication.
Key facts
- Since its introduction in 2012, over 10 million people have been automatically enrolled.
- Savings by eligible employees has increased by £28.4 billion.
- The AE thresholds will be frozen for 2022/23 at 2021/22 levels.
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