The 6th April 2019, saw a change in qualifying pension scheme contributions.

This applied to the amounts both employees and employers pay.

Any payments after 6 April 2019 are subject to the new minimum rates.

What are the minimum contribution rates?

If you’re already paying above the increased minimum amounts, you don’t need to worry or make any changes.

What if your pension scheme requires different minimum contributions?

You have an agreement with your pension provider to:

• Use different minimum contributions
• Base the contributions on certain payments

The Pensions Regulator’s website provides further information.

Read their article calculate contributions using different elements of staff pay (opens in new tab).

If you’re unsure which elements your scheme uses, contact your pension provider.

Once you have this information, you can Manage your employees contributions.

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• Read the article What are my pension obligations