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?

Why do we insist on having a choice of fund manager when the evidence shows there is usually no benefit to be gained…and there is always a negative impact in terms of cost? — Anthony Hilton financial editor of the Evening Standard writing in Pensions World, June 2013
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
I am backing NOW: Pensions, the ATP project, because I believe it will encourage transparency, low costs and decent returns for millions of British employees. — Nigel Waterson, former Shadow Pensions Minister
ATP comes to the UK pensions world with the highest commendations from the Danish trade unions, employers and government. NOW: Pensions' offering in the UK will be high quality, low cost, and honest and I'm proud to be associated with it. — John Monks, member of House of Lords and former General Secretary of ETUC and TUC
I firmly believe in NOW: Pensions' principle that everyone deserves the right to a better retirement. I look forward to being part of the team which aims to achieve this in the UK. — Win Robbins, former Head of European Fixed Income Barclays Global Investors