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Salary sacrifice pension

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  • Just remember that you can't dump your entire last month's pay into the pension. Each and every pay packet has to be above National Minimum Wage.
  • MallyGirl
    MallyGirl Posts: 7,486 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    lee78 said:
    im in England
    so doing a salary sacrifice does employers still contribute 3% as well 
    also my employer is flexible so I suppose when I get a bonus I can just change the terms as long as we both agree
    You will still get their contribution as well.
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
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