In Need Of Some Pension Information

albertz58

I am in a company Pension scheme and I got
a yearly statement through the post.
Now on the statement it reads
Employees Contribution 0%
Employers Contribution 10%
AVCs 1.4%
My problem is I pay in 3% from my wage which is deducted
from my pay and shows on my payslip yet I have 0% contributions.
I phoned the Pension company that deals with this and was told that
the company puts in 7% and the employee 3% and it all gets tied in
together but as far as my statement reads I dont pay anything which
I think is wrong could you advise me if this is the correct way they
are dealing with it

dunstonh

This is just how this particular admin is handled. Some will split it, some wont. However, the important thing is that the figure is correct and 10% is 7+3.

albertz58

Thanx For your info dunstonh and your
speedy response it'svery much
appreciated.
:beer:

Debt_Free_Chick

Salary sacrifice, maybe?