The current legal ‘total minimum contribution’ for automatic enrolment based on qualifying earnings is 2% –1% of which must come from the Employer with the remaining 1% made up by the Employee and tax relief.
From 6 April 2018 – by law – this will increase to 5% in total, with 2% coming from the Employer, and the remaining 3% made up by the Employee and tax relief.
If a different contribution basis other than qualifying earnings for your pension is chosen, the minimum contribution levels can vary.
