Record of scheme membership data and any postponement notices should also be kept. All records, including opt in, opt out, and joining notices received by all workers, must be retained as this is proof that their rights have been exercised. These communications must include the following:Įmployers must keep records of their workplace pension scheme as part of their legal duties. Mandatory CommunicationsĪs part of your pension duties, The Pensions Regulator outlines what you must inform staff of.Įmployers have 6 weeks to communicate with an employee about their workplace pension from the date that they joined the company. What Information Must Employers Communicate To Staffīefore you set up a workplace pension, or enrol a new employee into your existing scheme, there’s certain information that needs to be communicated. Providing clear communication about your workplace pension helps to ensure that as an employer, you are doing your upmost to make sure your workforce no everything they need to know. There is also other information that you can provide but aren’t legally obliged too, however it is best practice to do so. There is certain mandatory information you must provide to your employees. Meets legal and regulatory requirements.Helps employees to understand their financial situation. Makes sure employees are aware of the benefit and options available.Providing employees with clear and consistent communication: This suggests poor communication and shows the need for improvements. Our 2022 Workplace Pension Survey found 28% of staff didn’t have a good understanding of their pension. Why Is It Important To Communicate Effectively? This guide covers what to communicate and the most effective methods of doing so. You need to know what these are to get it right. It’s mandatory for employers to communicate certain aspects of their workplace pension. For employees to understand how pensions work, though, you must communicate this benefit well. As an employer, not only are you obliged to set up a pension for staff, you also have to maintain the scheme. Employers have a duty to auto-enrol eligible employees into a suitable workplace pension.
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