Contributions

Does every different contribution rate have to be set up as a worker group?

Yes. An employer needs to set up a different worker group for each variation in contribution level (the actual contribution …

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Can I set up the employee contribution as a fixed amount and employer contribution as a percentage?

No. Our system cannot cater for this. Both employee and employer contribution rates need to be the same format – …

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As the employer, do I have to match the employee contribution?

No. An employer doesn’t have to match employee contributions. Currently, the minimum contribution is 5% of qualifying earnings, of which …

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Why have you written to all my employees about missing contributions?

If we haven’t received payment of contributions within 90 days of the contributions being due, we’re required by The Pensions …

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