Pension Contribution Rate Changes

Related imageMinimum Contribution Rates for Workplace Pensions are changing

This table shows the minimum contributions you must pay and the date when they must increase

Date Employer minimum contribution Staff contribution Total minimum contribution
Until 5 April 2018 1% 1% 2%
6 April 2018 to 5 April 2019 2% 3% 5%
6 April 2019 onwards 3% 5% 8%

More information can be found here, including a letter template to send to staff