Employer/Private Pension and CMS

Mr_GoldMine Posts: 63
First Anniversary Name Dropper First Post
edited 7 August 2020 at 11:12AM in MoneySaving dads
Hello need some advice please
I am 39 years old, 40 next year, have one child
Currently gross is 35k. I pay 5%, employer pays 3% into pension, has  this been taken into account for CMS calculation since it started 2 years ago.
my employer pension started in 2015, i was 34/35 at the time.
As far as CMS is concerned, how much am i allowed to pay into a pension (a. via employer or b. privately).
question is can i increase it, off course I can!
but by how much?


  • BAFE
    BAFE Posts: 267
    First Anniversary First Post
    You are allowed to pay as much as you like into your pension fund (well up to £1 million i think although obviously this doesn't affect most people).  It doesn't make any difference whether its a public or a private pension.
  • kangoora
    kangoora Posts: 1,193
    First Anniversary First Post Name Dropper
    You can pay up to £40k/year or the maximum of your taxable income (there are some rules around carry-forward but won't apply to you with a £35k income). Paying extra into a pension reduces your taxable income so, I presume, you could ask for a CMS re-assessment? In terms of how much you can increase your pension before they start looking at if you are just trying to avoid payments then this FOI document may help.

Meet your Ambassadors


  • All Categories
  • 341.8K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.2K Spending & Discounts
  • 233.9K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 172.5K Life & Family
  • 246.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards