Every employer, including nanny employers, will be affected by the new workplace pensions laws. This is also known as auto enrolment.
This means you might have to set up a pension for your nanny if he or she is eligible to be enrolled into a scheme.
It’s not as daunting as you might think if you follow our step-by-step guide to what to do when.
12 months before your staging date
You’ll get a letter from The Pensions Regulator (TPR) which will tell you what your staging date is. This is the date on which you may need to have a pension in place. There’s no need to do anything until closer to your staging date as a lot can change between the date you receive your TPR letter and the staging date.
Don’t know your staging date? You can find out online.
What to do now
If you know your nanny will be leaving before you reach your staging date let TPR know that you’ll no longer be an employer.
If you think you’ll have a nanny by the time you reach your staging date but aren’t certain, then wait until nearer the time before you set the wheels in motion to set up a pension. Read our guide to what to do six months before your staging date.
If you’re sure you’ll have a nanny by the time you reach your staging date, then complete the duties checker to get updates from TPR. Read our guide to what to do three months before your staging date.
[table id=11 /]
More on workplace pensions
Will my nanny need a workplace pension?
TPR Guidance People who employ people in the home and need to provide a pension
TPR Guidance People who employ people in the home and don’t need to provide a pension