Minimum contributions

The minimum amount that must be paid into a member’s retirement pot under the employer duties. This will be introduced gradually and will rise to 8% of qualifying earnings by 2018. The employer may pay some or all of this amount on behalf of the member.

Information correct as of December 3, 2013

View all Glossary Entries

NOW: Pensions has a good technical infrastructure combined with a pension product suitable for our team. We couldn’t be happier with NOW: Pensions.
Martin Woods, SALT.agency