Taxi Driver Online

Right or wrongly it is this kind of Government over involvement and meddling that puts me off of employing anybody....It's no way to create or encourage jobs from Small business by making the employing of people as difficult and as over regulated than is necessary, Just another Obstacle on the UK road to recovery.

Slightly more complicated. Firstly,there is a lower earnings limit that as an employer you can choose to use rather than all the employees earnings. So an employer can choose to offer the workplace pension on all earnings or just the earnings over the lower earnings limit. Secondly, ALL employees must be enrolled into the scheme regardless of their earnings. Thirdly, any employee can opt out of contributing to the scheme at any time. If a qualifying employee decides that they want to stay in the scheme then the employer contribution is 1% of the qualifying earnings. The employee contribution can be varied but is a minimum of 1% of earnings.
So if you have an employee earning say £1500 per month and the LEL is approx. £500 per month it means that the employer has to contribute 1% of the £1000 or £10.00. Now add the £10.00 from the employee and the total contribution is £20.00 per month. Now call me a cynical sod if you wish but I hardly thing £20.00 per month is going to build up to any kind of worthwhile pension pot.

So they don't have to accept it?

I used to save £50 a month in a pension fund from when I was 20 until I was 38 but then, following the breakdown of my first marriage with the debts from that and the incompetence of the CSA, I had to go bankrupt. This resulted in my pension pot being taken to go towards the creditors. Therefore I no longer believe in the system.

that's why i don't bother fook pensions, im 53 now , my mam & dad own a 200k house, then there is the insurance ( just going up !) only me & our kid so split that & job done , , once they go i will retire