Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Pension contributions

151 replies

bonzaitree · 17/10/2022 13:38

Hi all,

Just wondered what percentage you pay into your pension? Would also be useful to know your age for context and whether you work in public or private sector.

I've just moved jobs so have to make a decision. I work in the private sector and my employer contributes 5%.

I am a saver so want to add a lot more into my pension, but we are saving for a new home deposit at the moment so just trying to balance it out.

I am early 30s.

OP posts:
Chewbecca · 06/11/2023 16:51

Parker231 · 05/11/2023 12:20

The government announced that the pension annual allowance would be increasing for the 2023/24 tax year to £60,000 per tax year or up to 100% of your annual earnings if this is lower than £60,000. The annual allowance includes your personal contributions, employer contributions and tax relief.

You are quoting my post from over a year ago! It was accurate at the time!

New posts on this thread. Refresh page