What is the employer pension contribution rate?

Article author
Nneka

Currently, we offer an employer pension contribution of 3% of the employee's basic annual salary. Effective 1st January 2022, we will be upgrading and enhancing the current offering of the existing workplace pension scheme in line with UK Auto-Enrolment Legislation.

In line with the minimum statutory requirement, the employer contribution will need to be increased to 4% of the employee's basic annual salary.

 

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