Joy Stevenson
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RE: Pension contributions
Hello, Has there been any update since oct 2024 on whether minimum pension contributions will be reviewed. Currently they are 8% (5% employee and 3% employer ). I can see that the original proposal was to extend automatic enrolment to 18- to 21-year-olds and abolish the lower earnings limit for qualifying earnings. Would be great if employers earning over x revenue had to pay a higher or equal % contribution than the employee .