In our December 2010 Newsletter we reported that from 2012 employers would be obliged to contribute a minimum of 3% towards employee pension provision.

In fact, we now know that it is only employers with over 30,000 employees who will be affected next year when the provision start to come into effect.

Our clients all employ considerably fewer and the first clients to be affected, those employing between 90 and 149 staff will not be obliged to make contributions until June 2014.

We hope you find this information useful when preparing budgets and in particular in planning wage costs.