The Coronavirus Job Retention Scheme (CJRS), announced on 20 March 2020 opened for claims on 20 April.
The scheme has now been extended for the second time. Originally due to end on 31 May, then 30 June, the Chancellor announced on 12 May that it will remain in place and available to all sectors through to the end of October 2020. The rules of the scheme will continue unchanged until the end of July 2020, but from August there will be greater flexibility, with furloughed employees being allowed to work for their employer part-time. Employers will also be asked to 'start sharing the cost' of the scheme. Full details are due to be made available by the end of May.
In this briefing, we examine the impact of the CJRS on pension contributions, auto-enrolment, salary sacrifice arrangements and other salary-related benefits in our latest briefing which examines these elements of the scheme. We will update this briefing as and when further material developments occur.
This briefing should be read alongside separate briefings produced by our employment team, which examine:
- how the CJRS works and consider the key employment law issues connected with the scheme, and
- look at other key employment issues arising in relation to the COVID-19 outbreak, including sickness and self-isolation, health data, homeworking, holiday and other issues.
Please do get in touch with your usual contact if you would like to discuss any of these issues further.
Latest news
For more information on the latest pensions and employment developments in relation to the CJRS and COVID-19 more generally, check out our employment blog and recent posts on our UK pensions blog.
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Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.