Pensions Act 2011

The four parts of the Bill include a range of measures related to pension provision.

Key areas

• Accelerates the existing timetable for increasing the State Pension age to 66
• Amends the legislative framework requiring employers to automatically enrol employees into a qualifying pension system and to make contributions to that scheme
• Amends legislation providing for the indexation and revaluation of occupational pensions and payments from the Pension Protection Fund
• Allows contributions to be taken towards the cost of providing personal pension benefits to members of Judicial Pension Schemes.