My employees are struggling to pay their pension contributions and we’re looking to temporarily cut costs as a company. Can we and my employees stop paying pension contributions for a set period?

Currently, The Pensions Regulator (TPR) has informed us that employers must continue to meet their auto-enrolment duties. Under current scheme rules and legislation, there’s no ability to take a holiday from paying pension contributions.

However, TPR has acknowledged this is a challenging time for employers and has been clear that its aim is to help employers get back on track and help both employers and savers. You can stay up to date by visiting TPR’s website.

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