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Cyclical re-enrolment required for large employers

22 September 2015
Issue: 4519 / Categories: News , Pensions

Three-year re-enrolment process under the pensions auto-enrolment regime.

Large employers are starting the three-year re-enrolment process under the pensions auto-enrolment regime. 
 
Some employees will need to be automatically re-enrolled into a pension scheme and a re-declaration of compliance must also be completed on the Pensions Regulator’s website.
 
In its latest industry liaison manager update, the regulator states that on the cyclical re-enrolment date, eligible jobholders who are not already active members of a qualifying pension will need to be automatically re-enrolled; postponement may not be used. 
 
The employer can choose whether to re-enrol automatically eligible jobholders who have ceased membership or opted out in the previous 12 months.
 
For more information, visit the TPR re-enrolment webpage.
Issue: 4519 / Categories: News , Pensions
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