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Pensionable salary/upper earnings limit

3 replies

shalalala · 08/02/2024 12:02

Hello. I was hoping for some advice on clarifying what the below means.

10% pensionable salary to upper earnings limit, 15% above the limit.

Assuming an example salary of £100k a year, how much would be going into the pension?

Thank you!

OP posts:
idontlikealdi · 08/02/2024 12:03

It's 15% above £50k

idontlikealdi · 08/02/2024 12:05

Sorry, and 10% up to 50.

5+7.5 = 12.5

shalalala · 08/02/2024 14:14

Thank you.

Monthly approx how much would be going into my pension? I'm totally confused working this out - thank you

OP posts:
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