The minimum contributions will be introduced in three stages known as phasing. If the qualifying earnings basis is being used, the minimum contribution until 5 April 2018 is 2% with at least 1% from the employer. Between 6 April 2018 and 5 April 2019 the minimum contribution is 5% with at least 2% from the employer, and from 6 April 2019 the minimum contribution is 8% with at least 3% from the employer.

More…

See The Pensions Regulator contribution levels guidance for further information.

Was this article helpful?

Please score it so we can improve and offer you more

Loading...