Yeah thats pretty much the score.
I was working on that project in Aviva pensions when i left there in August.
Not everyone qualifies automatically, but about 80% of people will, and even then people can opt in to it if they don't automatically qualify.
Its to do with age and salary. 16-21yo's don't qualify, but can opt in, likewise for the over 65's.
Salary needs to meet a certain point, about 12k i think.
You will automatically make a contribution from your own salary also, about 4-7%, and your employer will pay slightly more. However, if you don't want to you can opt out. But will be automatically opted back in after 3 years.
Posted By: Thomo on December 12th 2012 at 12:10:02
Message Thread
- Off topic question regarding pensions - (General Chat) - Brom, Dec 12, 11:56:53
- aaaaaaaaaagggggggggggghhhhhhhhh best I dont type anymore (n/m) (General Chat) - green n yella beaver, Dec 12, 12:16:23
- If you've got any specific questions, do me an email (n/m) (General Chat) - Yellalee, Dec 12, 12:08:24
- Oh yeah, forgot you could have told him haha (n/m) (General Chat) - Thomo, Dec 12, 12:10:47
- The introduction of the mandatory pension is staggered based on company size (General Chat) - Arizona Bay, Dec 12, 11:59:17
- Yeah thats pretty much the score. (General Chat) - Thomo, Dec 12, 12:10:02
- There ain't no pension like a pants pension, cos a pants pension is (General Chat) - pants, Dec 12, 12:01:55
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.