Contributions

Employer duties and minimum contributions

In the next few years when your new employer duties start, you'll need to provide some or all of your workers with access to a qualifying pension scheme. If the qualifying pension scheme you choose is a defined contribution scheme like NEST, you'll need to make minimum contributions on behalf of some or all of your workers.

This could be in 2012 or as late as 2018*, depending on the size of your organisation.

NEST gives you flexibility

NEST allows you to use a definition of earnings that suits your organisation and your workers. You also have the choice of contributing more than the minimum if you want to.