NEST pension contributions increasing from April
March 12, 2019
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.
The table below shows what the contributions are, and the dates they will rise.
For more information, please call ext. 6655, option 3.
Date | Employer contribution | Employee contribution | Government contribution | Total |
6.4.2018 to 5.4.2019 | 2% | 2.4% | 0.6% | 5% |
6.4.2019 to 5.4.2020 | 3% | 4% | 1% | 8% |