Even if your nanny doesn’t qualify you’ll still have duties under the Workplace Pension Regulations. A failure to comply could land you with a big fine.
Here’s why your nanny might not qualify:
- Your nanny is under 22-years of age or above state pension age.
- Your nanny earns less than £192 a week or £833 a month.
If your nanny isn’t eligible for auto enrolment you’ll continue to get letters from The Pensions Regulator (TPR) and you can’t ignore these.
Use The Pensions Regulator (TPR) Duties Checker to see how the rules apply to your circumstances
Even if you know your nanny won’t be joining a scheme you’ll need to provide TPR with a contact so they know who to speak to about workplace pensions.
Three months before your staging date you should check to see if anything has changed, for example, your nanny might have had a birthday or a pay rise which would mean he or she qualifies for auto enrolment.
If this is the case use the Duties Checker to let TPR know and then you’ll have to set up a pension scheme.
When you reach your staging date assess your nanny again to make sure that nothing has changed.
You’ll need to write to your nanny within six weeks of your staging date to tell him or her about the pension scheme.
The next step is to fill out your declaration of compliance which you must do within five months of your staging date.
Finally, you’ll have ongoing duties such as assessing your nanny each pay period as well as keeping accurate records.
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- The Pensions Regulator guidance I am an employer who doesn’t have to provide a pension now but still has duties