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what percentage do you pay into pension

27 replies

Tempjob · 27/08/2020 07:33

I'm 40 and I am in the NEST pension scheme, which means my employer pays 3%. I pay 17% of my wage into it each month to top this up to 20% overall, and it is crippling us. My contract ends soon so as part of my job search I am looking at what pension schemes other employers offer. I know the civil service offer a good pension...

Many of my friends are in the USS or TPS which are much much more generous than NEST.

Which pension scheme are you with and how much does your employer pay into it?

OP posts:
NDSandG · 28/08/2020 13:52

I forget exactly how much employer pays but overall it’s about 22%. I read somewhere that contributions should be at least half your age.

GallusAlice79 · 29/08/2020 23:24

Civil service, pay into alpha although I have some nuvos built up too.

I pay 7.35% and employer pays 27.9%. These figures are largely irrelevant in terms of benefits though, as its a career average pension.

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