workplace pensions

Benefits to employee

An effective pension scheme is an important perk which is always greatly valued by employees.

Some benefits of workplace pension to employees:

  • Easy access to a savings vehicle to help save for retirement.
  • Benefit from employers pension contributions.
  • Benefit from income tax relief. In general, a basic rate tax payer will recieve 20% income tax relief, whearas, a higher rate taxpayer will recieve 40% income tax relief.

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