How soon should contributions deducted by my employer be paid across to the pension scheme?
Whether you’re in a company or individual pension scheme, the contributions made from your salary should be paid to the scheme provider within 19 days of the end of the month in which the deduction was made. For example, if your contributions were deducted from your salary on 25 January, they must be passed to the provider by 19 February. And if you’re in a company scheme, your employer must produce a schedule each year which shows what contributions will be paid and when.
Related Questions
- I am a freelance GP locum with no other Scheme membership. Can I pay my GP locum contributions into a Stakeholder Pension and then transfer the money into the NHS Pension Scheme?
- I have received my payslip and I see that pension contributions have been deducted however I do not wish to be a member of the scheme. How can I stop paying contributions?
- How soon should contributions deducted by my employer be paid across to the pension scheme?
