Auto Enrolment questions 11 May 2019 at 6:06PM in Auto-enrolment 2 replies 2.1K views

waterman3

I'm in a temporary job at the moment and it's due to last around 4 months. My employer has told me I've been enrolled into an auto enrolment pension. I'll put in 3% of my monthly salary and my employer puts in 7.5%.

I think I've made a couple of contributions to AE, totalling only about £20, in a previous temp job.

I don't really understand it and was hoping for some help.

1. When my job ends a few months, where does the money I've built up go?

2. Is there a website (similar to Government Gateway) where I can see my auto enrolment balance?

3. At what age do I receive this pension and how is the pension I receive calculated?

4. I've made a few contributions at a previous employer. Do I need to inform my current employer of this?

I'm sure I've got more questions but these are the main ones off the top of my head.

MovingForwards

1. With the pension provider (PP), your employer must give you their details and you receive a welcome pack /letter from the PP.
2. You can log on to the PP site and it will show you.
3. State pension age, unless you specified a different age.
4. No.

Barney_Rubble_0403

The contributions are held by the AE provider against your name/N.I number and so in theory you could have many different employers but each of them are paying into the same pot.

The provider will have their own site - chances are the provider is NEST in which case you can register and view your pension. You should receive a pack from the provider and you should have had the opportunity to withdraw from any scheme.

There is a guide on MSE which explains AE - hopefully someone can post a link.