Help Centre for Advisers

What is a Contribution Model Code (for employers and advisers)?

A Contribution Model Code (also referred to as a Plan or Scheme Code) refers to the type of plan that an employer has chosen; it will be either 101, 102, 103, 104 or 105. The biggest difference between plans is the contribution structure.

A full list of Contribution Model Codes, including full descriptions of benefits and contributions, can be found on the Plan Options page.

Your own Contribution Model Code is noted in your ‘plan-summary.pdf’ file that was emailed to you with the subject line ‘Participation Agreement’ when your application was approved.

You will need to input this code when uploading each payroll file.

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