Statutory Instruments
2017 No. 394
Pensions
The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2017
Made
14th March 2017
Coming into force
6th April 2017
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( 1 ) 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 that Act( 2 ) 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 that Act( 3 ).
Citation, commencement and interpretation
1. —(1) This Order may be cited as the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2017 and comes into force on 6th April 2017.
(2) In this Order, “the Act” means the Pensions Act 2008.
Increase of amounts
2. In section 13(1) of the Act (qualifying earnings)—
(a) in paragraph (a) for “£5,824” substitute “£5,876”; and
(b) in paragraph (b) for “£43,000” substitute “£45,000”.
Rounding of figures
3. For the purposes of sections 3(6B), 5(7B) and 13(2) of the Act( 4 ), in the case of a pay reference period of a length described in the first row of the table, the rounded figure in respect of the provision of the Act mentioned in the first column of the table is that which appears below the pay reference period which corresponds to that provision.
Table
| 1 week | 2 weeks | 4 weeks | 1 month | 3 months | 6 months | |
|---|---|---|---|---|---|---|
| Sections 3(6B) and 5(7B) | £192 | £384 | £768 | £833 | £2,499 | £4,998 |
| Section 13(2) (referring to section 13(1)(a)) | £113 | £226 | £452 | £490 | £1,469 | £2,938 |
| Section 13(2) (referring to section 13(1)(b)) | £866 | £1,731 | £3,462 | £3,750 | £11,250 | £22,500 |
Revocation
4. The following Orders are revoked—
(a) the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2015( 5 );
(b) the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2016( 6 ).
Signed by authority of the Secretary of State for Work and Pensions
Richard Harrington
Parliamentary Under-Secretary of State
Department for Work and Pensions
14th March 2017
2008 c. 30 . Sections 3(1) and 5(1) were substituted by section 5 of the Pensions Act 2011 (c. 19) (“the 2011 Act”) and amended by S.I. 2012/1506 , 2013/667 and 2014/623 . Section 13(1) was amended by S.I. 2012/1506 , 2013/667 , 2014/623 , 2015/468 and 2016/435 . Section 14 was substituted by section 8(1) of the 2011 Act.
Section 143(5)(c) was amended by section 8(3) of the 2011 Act.
Section 15A was inserted by section 9 of the 2011 Act.
Sections 3(6B) and 5(7B) were inserted by section 5 of the 2011 Act.