How do my pension contributions show on my Online Account transactions?
If you’re new to The People’s Pension, you might be wondering why you can’t see any pension contributions on your …
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. …
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.
How can I opt back in?
Your employer is required to automatically enrol you into the scheme, normally every 3 years, provided you’re an eligible jobholder. …
If I increase my contributions does the employer have to match them?
No – as long as the employer is making the minimum contribution.
There doesn’t seem to be an option to increase my contributions online, how do I do this?
If you want to increase your pension contributions, please contact your employer directly first to see if they can …
If I set up a Direct Debit to increase my contributions, will my employer automatically match this contribution as well?
Your employer will not automatically match your increased contributions. Currently your employer has to contribute 3% of your qualifying earnings.
Can I reduce my contributions?
You can pay in less provided that your employer puts in enough to meet the legal minimum. If they don’t …
Are there any restrictions on the number of changes to payments that I can make? For example, could I increase my payments for a period of time and then reduce them at a later date?
There are no restrictions on the number of changes. You can increase or decrease your contributions at any time.
I currently pay a set amount each month by Direct Debit. If I want to suspend this payment until further notice, what do I do?
If you wish to cancel your Direct Debit please contact us.