Find out what are your workplace pension scheme entitlements from the team at Systematic Auto Enrolment of Lancashire!

Millions of workers are being automatically enrolled into a workplace pension by their employers.

Contributions will be made by each employee, the employer and also the government.

Example:

Jayne contributes £40, her employer contributes £30 and the government grants £10 tax relief so that a total of £80 is paid into Jayne's pension.

An employee can opt out but that means losing out on the employer and Government contributions which is akin to refusing a tax-free salary increase.

Every employer will automatically enrol employees into a workplace pension scheme who:

• Are not currently in a scheme
• Whose age is between 22 and state pension age
• Whose gross earnings exceed £10,000 per year
• Who work in the UK

If you are unsure whether you are eligible or have any enquries about your workplace pension scheme, Systematic Auto Enrolment Services can help.

We currently offer support and guidance to many businesses and their employees in Lancashire and nearby areas. To find out more, get in touch today on 01772456782.

Costing information for employers can be found here.