Overwhelmed by all the pension jargon? Fear not, our pension glossary has you covered. All the important terms and acronyms explained right here.
What are Employer Contributions?
If you’re employed, your employer is likely to have legal duties to contribute a certain amount of money to your pension, provided that you contribute too. The amount of these employer contributions will depend on whether you were automatically enrolled in a pension or opted in, as well as the type of scheme. You can use the government’s workplace employer-contribution calculator to work out how much your employer will pay in.