Contributions

• Can a member of staff reduce their contributions to a pension scheme?
• When did minimum contributions rates increase and why?
• What is phasing?
• What do I need to do if I am late paying my pension contributions?
• What did I have to do when the minimum contribution rates increased?
• Do I need to write to my staff to inform them of the increase in minimum contribution rates?
• I have received a letter (or email) about the increase in minimum contributions, what does this mean for me?
• What was the increase?
• Which members of staff does the increase in minimum contributions apply to?