Pensions Act 2008

Pensions Act 2008^[1]

Parliament of the United Kingdom
Long title	An Act to make provision relating to pensions; and for connected purposes.
Citation	2008 c 30
Introduced by	Peter Hain
Territorial extent	United Kingdom
Dates
Royal assent	26 November 2008
Status: Amended
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended

The Pensions Act 2008 (c 30) is an Act of the Parliament of the United Kingdom. The principal change brought about by the Act is that all workers will have to opt out of an occupational pension plan of their employer, rather than opt in. A second change is the creation of a National Employment Savings Trust, a public pension provider for those who do not have an occupational pensions, which will function as a low-fee pension scheme in competition with existing funds.

The Pensions Bill 2011 working its way through Parliament makes a number of amendments to the Act, ahead of its due date to be brought into force in 2012.

This section needs expansion. You can help by adding to it. (May 2011)

• Minimum employer contribution
• Pensions in the United Kingdom
• National Employment Savings Trust
• Pensions in the United States
• Pension Protection Act of 2006, a law allowing (but not requiring) employers to automatically enrol employees into defined contribution schemes

State pensions Acts

• National Insurance Act 1946
• Social Security Contributions and Benefits Act 1992 ([1])

Private pensions Acts

• Pension Schemes Act 1993
• Pensions Act 1995
• Pensions Act 2004
• Pensions Act 2007

• 'All firms must offer pensions, government agrees' (27 October 2010) BBC News
• E McGaughey, A Casebook on Labour Law (Hart 2019) ch 6(4)

• Department for Work and Pensions explanatory page
• The Pensions Act 2008, as amended from the National Archives.
• The Pensions Act 2008, as originally enacted from the National Archives.
• Explanatory notes to the Pensions Act 2008.