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Action required: Minimum contributions for NEST pensions are increasing

From 6 April 2018, the minimum contributions for the workplace pension will increase. Here we let you know what the rates have changed to.

  

Date effective 
Employer minimum contribution
Staff contribution
Total minimum contribution
Currently until 5 April 2018 
1%
1%
2%
6 April 2018 to 5 April 2019 
2%
3%
5%
6 April 2019 onwards
3%
5%
8%
 
NB You and / or your employer may already have chosen to pay more than the minimum contributions. If your payments are greater than the increased minimum levels, you will not need to pay any more.


FPM members can email any questions they have to hrhelp@firstpracticemanagement.co.uk.

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