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My missus has this - hers matches her contribs up to a percent.
Mine seems less good - they share 50% of their Employer NI savings:
"For instance, if you chose to sacrifice £100 per month the total amount paid into your pension scheme per month is £106.90. (£100.00 x 13.8% / 2 = £106.90)"
I guess that's not insubstantial if you're contributing a decent amount of time.
hippy-
they share 50% of their Employer NI savings:
Wow, that's remarkably ungenerous.
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For instance, if you chose to sacrifice £100 per month the total amount paid into your pension scheme per month is £106.90. (£100.00 x 13.8% / 2 = £106.90)"
This might be obvious but you're sacrificing pre tax income. So if you pay 40% marginal tax, you are sacrificing (£60 minus whatever the employees NI is) to get the £106.90.
ChasnotRobert
frank9755
For most people the main benefit is that employers make a contribution into pension and this is free money.