2019 pension contributions

immy1

The Government are increasing the amount employers and employees need to contribute to their pension.
The new minimum amount from what I can gather will be 8%. from April 2019. My employer contributes 10% to my pension. Do I need to pay anything in myself under the new rules from April 2019?
I've been on the government website https://www.workplacepensions.gov.uk/employee/ but still can't work out whether my employer's 10% will be accepted or I will also need to pay something in. Thanks to anyone who can clarify

bolwin1

yes - on that page you linked to it says staff contribution from April 2019 is 5%.

Oops - ignore my post above
According to
https://www.thepensionsregulator.gov.uk/en/employers/increase-of-automatic-enrolment-contributions
If you (the employer) decide to cover the total minimum contribution required, your staff won’t need to pay anything.

Paul_Herring

Legally, as far as auto-enrolment is concerned, no (since the 10% contributed is greater than the 8% required.)

But (separate from any auto-enrolment rules) your company may have rules saying you need to contribute something in order to get that 10% from them.