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Contributions
aram1917
Posts: 2 Newbie
Contributions have been taken out of furlough wage Inc AVC but have not been paid in to pension company for 3months is this normal
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Comments
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Contributions deducted from your salary should be paid to the pension provider by the 19th of the following month from which they were collected from pay or the 22nd of the following month if contributions are paid electronically to the pension provider. That is the law, but many companies take their time. My employer does take that long to make the contributions which vary between 60 to 90 days. The pension providers only have to report it if it is the contributions have been outstanding for 90 days from the due date.1
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Most likely due to lack of staff in the right places due to Covid.aram1917 said:Contributions have been taken out of furlough wage Inc AVC but have not been paid in to pension company for 3months is this normal
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Your lucky. Were’s theirs blame thiers acclaim!0
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