Contributions: Difference between revisions
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Contributions are normally classifiable as ‘normal’, generally calculated as a percentage of pensionable salary, or, in the case of employer contributions, ‘deficit reduction’. The former are designed to provide for the benefits accruing over the period concerned, the latter to reduce any deficit. | Contributions are normally classifiable as ‘normal’, generally calculated as a percentage of pensionable salary, or, in the case of employer contributions, ‘deficit reduction’. The former are designed to provide for the benefits accruing over the period concerned, the latter to reduce any deficit. | ||
== See also == | == See also == | ||
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* [[Contribution rate]] | * [[Contribution rate]] | ||
* [[Salary sacrifice]] | * [[Salary sacrifice]] | ||
Revision as of 22:11, 28 April 2016
Pensions.
Payments made into an occupational pension scheme by the employer and/or the employee.
Contributions are normally classifiable as ‘normal’, generally calculated as a percentage of pensionable salary, or, in the case of employer contributions, ‘deficit reduction’. The former are designed to provide for the benefits accruing over the period concerned, the latter to reduce any deficit.
