Month: March 2019

Pension set to increase from 6th April 2019

Employee State Pension contributions are set to increase from 6th April 2019 from 3% to 5%.

Employer’s contribution will increase from 2% to 3%, this will be a total increase into your pension of 8%.

You will usually pay state pension scheme contributions either as a fixed amount or based on a percentage of your earnings

For more information on pension increases visit the direct gov website at https://www.gov.uk/

 

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