Auto Enrolment – St Ann’s Stakeholder Pension Scheme
Eligible job holders will automatically be enrolled into the St Ann’s pension scheme at the end of the ‘postponement period’. Eligible job holders are those who:
• Earn over £10,000 per year
• Are aged 22 or over
• Are under State Pension age
• Work or usually work in the UK
You do not need to complete any forms as enrolment is automatic. Once enrolled you will have the option to opt out of the scheme and you will be sent details about this.
The St Ann’s Stakeholder Pension Scheme is a contributory scheme, with employees choosing their percentage of contribution. The hospice will then match this contribution up to a maximum of 7%. The Pension scheme is with Scottish Widows.
NHS Pension Scheme
Previous members of the NHS Pension Scheme may have the option to remain in the scheme (subject to making contributions into the scheme in the previous 12 months) and the hospice would pay the employers contributions.