Statutory Instruments
2013 No. 667
Pensions
The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2013
Made
18th March 2013
Coming into force
6th April 2013
The Secretary of State for Work and Pensions has considered whether any of the amounts in sections 3(1)(c), 5(1)(c) and 13(1)(a) and (b) of the Pensions Act 2008 should be increased or decreased, as required by section 14(1) of that Act.
A draft of this Order was laid before Parliament in accordance with section 143(4) and (5)(c) of the Pensions Act 2008 and approved by a resolution of each House of Parliament.
The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by sections 14(2), 15A(1) and 144(4) of the Pensions Act 2008 .
Citation, commencement and interpretation
1. —(1) This Order may be cited as the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2013 and comes into force on 6th April 2013.
(2) In this Order “ the Act ” means the Pensions Act 2008.
Increase or decrease of amounts
2. —(1) In sections 3(1)(c) (automatic enrolment) and 5(1)(c) (automatic re-enrolment) of the Act , for “£8,105” substitute “ £9,440 ” .
(2) In section 13(1) (qualifying earnings) of the Act —
(a) in paragraph (a), for “£5,564” substitute “ £5,668 ” ; and
(b) in paragraph (b), for “£42,475” substitute “ £41,450 ” .
Rounding of figures
3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Revocation
4.Article 3 of the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2012 is revoked.
Signed by authority of the Secretary of State for Work and Pensions
Steve Webb
Minister of State
Department for Work and Pensions