Help Centre for Employers

What are the minimum contributions?

The minimum contribution rate that employers and their employees are legally required to pay into automatic enrolment pension schemes is currently set at 8% (this was increased in April 2019). At least 3% of this must be paid by the employer, and the remaining 5% by the employee.

Auto enrolment statutory minimum contributions

The minimum contributions are based on employees’ qualifying earnings. For the 2020/2021 tax year, this range is between £6,240 and £50,000 a year (£520 and £4,167 a month, or £120 and £962 a week).

For more information visit this section of The Pension Regulator’s website.

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,