What are the minimum contributions that an employer has to make?

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.

Read what we’re telling employers about these contribution increases>>

 

Was this article helpful?

Please score it so we can improve and offer you more

LikeDislike
Loading...
Employers