LIVING PENSION STANDARDS

A Living Pension employer shall ensure that in respect of every Employee who is automatically enrolled into, automatically re-enrolled into or opts to join its workplace pension scheme: 4.1 the employer is required to pay a Default Employer Contribution in respect of each Employee each month which is equal to or greater than £136 and the Default Total Contribution paid into the scheme by and in re. [...] Where an Employee works less than 37.5 hours per week on average in any month, the amount of the Default Employer Contribution and the Default Total Contribution referred to in that sub-paragraph shall be reduced on a pro-rata basis, as follows: Default Employer Contribution Average number of hours worked per week by the Employee in the or X relevant month Default Total Contribution (as 37.5 appro. [...] A Living Pension employer will inform those of its Employees who are not currently active members of its workplace pension scheme that they have the right to join a workplace pension scheme under which the default contribution rate is aligned to the Living Pension Standards within one month of its Implementation Date and at least annually thereafter. [...] A Living Pension employer will inform the active members of its workplace pension scheme that they have the right to select a contribution rate that is aligned to the Living Pension Standards within one month of its Implementation Date and at least annually thereafter. [...] For the purposes of these Standards, the terms below shall have the following meaning: 10.1 'Basic Pay' has the meaning given in Regulation 32K of the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010; 10.2 ‘Default Employer Contribution' means the rate of the Employer contribution that is payable under the relevant scheme in the absence of an Employee selecting an a.