What % of salary do you put in your pension per month and why?

atari_st

I am 51 and have been putting in 12% in my company personal pension (plus %8 employer) for a while. Today I increased my payments to 18% with salary sacrifice to help reduce tax.

What % are you saving and why? 

housebuyer143

I save 6% because my employer puts in 10% when I do.

ZeroSum

I put in 6.5% because that's what the scheme dictates. Employer conts are circa 20%

PloughmansLunch

6.5% + 18.3% employer contribution, with ~4.2% AVC and a SIPP that currently works out as 7% gross salary with tax relief.

Prism

I put in 15% and my employer 4%. Anything extra goes in the ISA.

Ocelot

I put in 5% and employer 3%. Pensions aren't my main way of saving.

george4064

I put in 4% and my employer 12%. The maximum contribution match they offer.

cloud_dog

65%, but I am nearing my R-Date so am shovelling it all in there.

Money_Grabber13579

Currently putting in 42% including the employer contribution. The amount is purely as a mechanism to save tax. If that option wasn’t available, I’d probably cut my working hours because the government taking 42% of my earnings plus then loads more tax on whatever I spend it on doesn’t incentivise me to earn more than the amount of the basic rate band.

6022tivo

Currently around 70% as I don't want to become a burden on tax payers in the future with Pension Credit and tears about my heating bills. 

Bemma

84.4% of my gross salary is going into my pension, that includes 8% employer contribution.

Why?

This year £63k gross will go into my pension through SalSac. This will cost me £31k net salary loss. The rest (£32k+) is a blend of relief from tax, NI, HICBC and ER NI top up. So I'm more than doubling my money with SalSac.

I'm also 53 1/2. Stuffing in as much as I can and supplementing my income from savings if required.