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Post Info TOPIC: Pension - Topping Up Employer Contribution


Member

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Pension - Topping Up Employer Contribution


Hi all, my client would like to offer his employees the option to take a bonus as cash (through payroll) or to use it to top up their pension.  Can the employer do this by topping up the employer contribution as a one-off or does it have to go through as an employee additional contribution, thus impacting the employees salary?

The employer is using a Nest scheme, contributing 3%.

Many thanks, any advice is much appreciated :)



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Master Book-keeper

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Hi Eva

 

Additional Employer Contribution, no impact on the employee 



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.

You


Member

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Posts: 11
Date:

Check with Nest that you can do this. One of them, think it might be PP, you cannot.



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Veteran Member

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Posts: 69
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It can be paid as additional employer pension (salary sacrifice).

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