Contributions

How much tax do I pay on my pension?

You don’t pay tax on your pension contributions (when you pay money into your pension pot). The government actually gives …

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How long does it take to get the tax relief from HM Revenue & Customs (HMRC)?

If your employer is using the ‘net pay arrangement’ method where your contributions are taken from your pay before tax, …

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I’m a low paid worker and don’t pay tax – will I get tax relief paid into my pension pot?

This depends on whether your employer set up your workplace pension using the ‘relief at source’ method (where your contributions …

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If my employer went bust, what will happen to my pension and the contributions that they owe me?

You may have heard in the news about pension savers losing their money in the event of their employer going …

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How can I make personal payments into my pension?

Saving into your pension pot with The People’s Pension can be a great, tax-efficient way to save for your future. …

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I live in Scotland, will my pension be affected by the Scottish rate of Income Tax?

If you live in Scotland, HMRC should already have written to you if they think the Scottish rate of Income …

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I live in Scotland, how do I receive tax relief on my contributions?

If your employer takes your contributions before tax (known as a net pay arrangement), you only pay tax on what’s …

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Can my personal contributions be paid through more than one Direct Debit?

No, you can only have one Direct Debit mandate on your account with The People’s Pension.  

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What are contributions?

  Contributions are the money that gets invested into your pension pot to save for retirement. How much do I …

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How do I make contributions?

Personal contributions are taken by your employer and are sent to us each time you’re paid. If you leave the …

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