Help Centre for Employers

Can an employee pay more into the pension pot than their employer?

If an employee wishes to make additional voluntary contributions to their pension pot they should contact their HR department or payroll department to advise them that they wish to do so. When the next payroll information is uploaded to NOW: Pensions, the new contribution will be held within that file for NOW: Pensions to invest.

An employee can either increase their contribution by a set percentage or they can make an ad hoc contribution. It is important that all contributions go through the payroll.

 

Related resources

How are employee contributions collected?
Can an individual employee change their contributions?
Can contributions be altered for individual employees?
What parts of an employees salary are included in the contributions?

We chose NOW: Pensions as it has the best cultural fit for ISS and we believe it will offer our employees the best mix of long term investment returns, strong risk management and low scheme costs for members. NOW: Pensions already has the experience… — Matthew Brabin, CFO, ISS UK
NOW: Pensions' risk management and diversified growth fund are state of the art. — Win Robbins, former Head of European Fixed Income Barclays Global Investors
We decided to appoint NOW: Pensions because of the simplicity and robustness of its scheme. The NOW: Pensions product is both cost effective and straightforward to implement... — Mark Roberts, Managing Director at gap personnel
…We pride ourselves on our abilities to make the perfect match for both clients and workers. Our decision to appoint NOW: Pensions came as a result of wanting a quality workplace pension scheme that is structured, simple and easy for us to… — Ian Naylor, Legal Director of Randstad
I've known ATP for many years and have enormous respect for the effectiveness of their investment strategy. I'm convinced that NOW: Pensions can become a major player in the UK and look forward to being a part of that success. — Chris Daykin, the former Government Actuary