Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Muscle750
    • By Muscle750 10th Oct 16, 8:13 PM
    • 771Posts
    • 244Thanks
    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
    • 855 Posts
    • 2,769 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
    • 2,586 Posts
    • 1,631 Thanks
    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
    • 21,008 Posts
    • 12,048 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
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,679Posts Today

6,385Users online

Martin's Twitter