Pension providers fall short

Do you know how much your company is really contributing to your pension scheme?

22nd January, 2005

Do you know how much your company is really contributing to your pension scheme? Members of so-called “integrated'‘ pension schemes may overestimate the contributions being made by their employer.

In such schemes, companies adjust employees' pensionable earnings downwards to allow for the fact that they will receive a state pension from the age of 65.

This is usually done by deducting 150 per cent of the old age pension from the salary counting towards...

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