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Employer not paying pension
kittykatneedscash
Posts: 105 Forumite
I’ve just received a letter from my pension provider saying that they haven’t received pension contributions since 1st June 2019 from my employer. It says that they’ve already been in contact with them and if they don’t pay the contributions in a month that they will report them to the pensions regulator. I’m on annual leave this week so not in work until Monday but not sure if I should email my employer about this I don’t want it to make things awkward but also I presume they haven’t been paying ‘my’ part of the contribution as well which they have already deducted from my wage. Has anyone else had anything like this before??
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My first question would be are they paying everything else? PAYE, NI and VAT? Any signs the company may be in difficulty?0
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As above log in to your Personal Tax Online: https://www.gov.uk/personal-tax-account and check your PAYE is being paid as this now has to be submitted monthly IIRC.
We had a similar thing where our accountant was paying our pensions manually each month, then he left and the new accountant didn't pick it up till a letter was sent to the company a few months later, could be just a simple forgotten task.0 -
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kittykatneedscash wrote: »I’ve just received a letter from my pension provider saying that they haven’t received pension contributions since 1st June 2019 from my employer. It says that they’ve already been in contact with them and if they don’t pay the contributions in a month that they will report them to the pensions regulator. I’m on annual leave this week so not in work until Monday but not sure if I should email my employer about this I don’t want it to make things awkward but also I presume they haven’t been paying ‘my’ part of the contribution as well which they have already deducted from my wage. Has anyone else had anything like this before??
I received a letter regarding my employer not paying the pension contributions a few years ago. As it turns out, it was a mistake by the pension provider. They did not close down the old work schemes after they transferred all employees at work into a new scheme with a new default fund. We did get a communication from our HR dept saying that we should ignore the letter.
But I would be very cautious about emailing your employer, though. I would casually mention to your manager that you got a letter from the pension provider, which make you worried and see what is the answer is. Besides, TPR will be on the case once it gets reported to them.0 -
This happened several times at my previous company. The pension provider writes to the employer if contributions are 3 months behind. The letter says that they will inform the regulator if the contributions aren't made straight away, and warns that they will also write to the employees.
This was a regular occurrence for us, and our CEO usually made a payment so that he was never more than three months behind, but he was rarely up to date. Occasionally he was reported to the regulator but nothing much happened. A couple of times the pension provider wrote to the employees, who went ballistic. The CEO took more notice of them than the regulator.
In your situation, assuming you have a good relationship with them, I would raise it with your employer, either your manager or HR/payroll, depending on the size of the company. If there has been a genuine mistake then they should be apologetic about it and rectify the situation. Or, if they are in other ways a good employer but maybe have some current financial difficulties, they should at least explain the situation to you and say what steps they will take to get contributions up to date.0
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