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  • FIRST POST
    • Muscle750
    • By Muscle750 10th Oct 16, 8:13 PM
    • 717Posts
    • 230Thanks
    Muscle750
    Quick question
    • #1
    • 10th Oct 16, 8:13 PM
    Quick question 10th Oct 16 at 8:13 PM
    My company matches the 5 percent that i pay every month into my pension, however the figure i pay is 5 percent of the figure left after tax and NI deductions basically 5 per cent of my take home pay. Obviously if the 5 percent was of the gross figure it would be significantly more i presume that this is correct
Page 1
    • ajbell
    • By ajbell 10th Oct 16, 8:17 PM
    • 826 Posts
    • 2,645 Thanks
    ajbell
    • #2
    • 10th Oct 16, 8:17 PM
    • #2
    • 10th Oct 16, 8:17 PM
    Almost certainly taken before tax.
    4kWp, South facing, 16 x phono solar panels, Solis inverter, Lincolnshire.
    • greenglide
    • By greenglide 10th Oct 16, 9:03 PM
    • 2,460 Posts
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    greenglide
    • #3
    • 10th Oct 16, 9:03 PM
    • #3
    • 10th Oct 16, 9:03 PM
    Surely it is whatever has been agreed between the employer and you?
    what do the plan documents say?
    • xylophone
    • By xylophone 10th Oct 16, 10:14 PM
    • 20,110 Posts
    • 11,511 Thanks
    xylophone
    • #4
    • 10th Oct 16, 10:14 PM
    • #4
    • 10th Oct 16, 10:14 PM
    http://www.scottishwidows.co.uk/Extranet/Literature/Doc/FP0491
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