NEST pension contributions will be increasing from April 2018
January 16, 2018
The minimum amount paid into your workplace pension NEST, both by you and the employer is going to increase. This is a nationwide change, involving millions of people and their employers across the country. Changes will take place in April 2018, and again in April 2019.
The table below shows what the contributions are, and the dates they will rise.
Date | Employer Contribution | Employee Contribution | Government Contribution | Total |
1.4.2017 to 5.4.2018 | 1% | 0.8% | 0.2% | 2% |
6.4.2018 to 5.4.2019 | 2% | 2.4% | 0.6% | 5% |
6.4.2019 to 5.4.2020 | 3% | 4% | 1% | 8% |