What are contributions?


Contributions are the money that gets invested into your pension pot to save for retirement.

How much do I have to pay?

The government has set minimum levels of contributions that must be paid to the workplace pension scheme by you and/or your employer. Your employer will tell you how much you will have to pay. The pension contributions you pay will normally be a fixed sum or percentage of your earnings.



Dates Employer minimum contribution Employee  contribution Tax relief on employee contribution Total minimum contribution
Before 5 April 2018 1% 0.8% 0.2% 2%
6 April 2018 to 5 April 2019 2% 2.4% 0.6% 5%
6 April 2019 onwards 3% 4% 1% 8%


The minimum contributions above are based on qualifying earnings which are the band of earnings between £6,240 and £50,270 for the tax year 2021/2022. Your employer is legally obliged to make minimum contributions but can increase it to more if they want.


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