Phasing Contributions – Auto Enrolment

From 6th April 2018, automatic enrolment pension contributions are due to increase. They will continue to rise over the next three years as set out below.

AE-minimum-contributions

Both the employee and employer can choose to contribute greater amounts to the pension if they wish, as long as the minimum contributions are met. If the employer pays the same as the minimum total contribution then the employee will not need to pay any contributions unless the scheme rules require a contribution.