House of Commons · Written Ministerial Statement
Automatic Enrolment: the Earnings Trigger and Qualifying Earnings Band Review 2024/25 and the Triennial Review of the Alternative Quality Tests
06 February 2024 · Department for Work and Pensions
Proposed by Paul Maynard Con Blackpool North and Cleveleys
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The automatic enrolment earnings trigger and qualifying earnings band thresholds for 2024-25 will remain unchanged.
- The triennial review of alternative quality requirements for UK defined benefit schemes will also see no changes.
- Analysis supporting these decisions will be published on the government website and in the House of Commons library.
Issue summary
This statement discusses the annual review of automatic enrolment (AE) earnings trigger and qualifying earnings band thresholds for 2024-25 and the triennial review of alternative quality requirements for pension schemes.
Action requested
The AE thresholds will remain at their current levels, with no changes to the alternative quality requirements for UK defined benefit schemes. The analysis supporting these decisions will be published on the government website and placed in the House of Commons library.
Key facts
- Automatic enrolment earnings trigger remains at £10,000.
- Lower earnings limit of the qualifying earnings band remains at £6,240.
- Upper earnings limit of the qualifying earnings band remains at £50,270.
- No changes to alternative quality requirements for UK defined benefit schemes.