1
Feb
Pension Contribution Rate Increase
As you may be aware Employer contributions to staff pensions will be increased to a new rate on the 6th of April 2019.
The table below shows the increase compared to the current rates.
| Date | Employer minimum contribution | Staff contribution | Total minimum contribution |
| New rate: 6 April 2019 onwards | 3% | 5% | 8% |
| Current rate: 6 April 2018 to 5 April 2019 | 2% | 3% | 5% |
To find out more get in touch with us today!
Visit us at https://www.crownford.co.uk or pop us a call on 0845 217 2606.