Discussion
A family member who was employed for 3 years in a company until about 4 months ago had this in their contract;
Pension: After twelve months of service the Company will contribute 8% of your annual salary into a personal pension scheme of your own choosing. Voluntary contributions may also be added if you wish. If you do not have a personal pension scheme at present, please contact the payroll department who can put you in touch with an Independent Pension Advisor. Payments will only commence once you have provided the details. Please note, the Company cannot accrue any pension figures.
During her time there she chased Payroll for some further answers as to how she could get the pension started but feels like they avoided giving her any answers.
Having left and getting new pension in order she's wondering what, if anything, she can do about it. She feels she's owed 2 years worth of contributions.
My initial feeling was that she's not got a leg to stand on as no pension scheme details were provided after 12 months as they should have been. She was earning £47k a year so 8% is just sort of £4k.
Pension: After twelve months of service the Company will contribute 8% of your annual salary into a personal pension scheme of your own choosing. Voluntary contributions may also be added if you wish. If you do not have a personal pension scheme at present, please contact the payroll department who can put you in touch with an Independent Pension Advisor. Payments will only commence once you have provided the details. Please note, the Company cannot accrue any pension figures.
During her time there she chased Payroll for some further answers as to how she could get the pension started but feels like they avoided giving her any answers.
Having left and getting new pension in order she's wondering what, if anything, she can do about it. She feels she's owed 2 years worth of contributions.
My initial feeling was that she's not got a leg to stand on as no pension scheme details were provided after 12 months as they should have been. She was earning £47k a year so 8% is just sort of £4k.
AB said:
A family member who was employed for 3 years in a company until about 4 months ago had this in their contract;
Pension: After twelve months of service the Company will contribute 8% of your annual salary into a personal pension scheme of your own choosing. Voluntary contributions may also be added if you wish. If you do not have a personal pension scheme at present, please contact the payroll department who can put you in touch with an Independent Pension Advisor. Payments will only commence once you have provided the details. Please note, the Company cannot accrue any pension figures.
During her time there she chased Payroll for some further answers as to how she could get the pension started but feels like they avoided giving her any answers.
Having left and getting new pension in order she's wondering what, if anything, she can do about it. She feels she's owed 2 years worth of contributions.
My initial feeling was that she's not got a leg to stand on as no pension scheme details were provided after 12 months as they should have been. She was earning £47k a year so 8% is just sort of £4k.
Unfortunately, I think you are sPension: After twelve months of service the Company will contribute 8% of your annual salary into a personal pension scheme of your own choosing. Voluntary contributions may also be added if you wish. If you do not have a personal pension scheme at present, please contact the payroll department who can put you in touch with an Independent Pension Advisor. Payments will only commence once you have provided the details. Please note, the Company cannot accrue any pension figures.
During her time there she chased Payroll for some further answers as to how she could get the pension started but feels like they avoided giving her any answers.
Having left and getting new pension in order she's wondering what, if anything, she can do about it. She feels she's owed 2 years worth of contributions.
My initial feeling was that she's not got a leg to stand on as no pension scheme details were provided after 12 months as they should have been. She was earning £47k a year so 8% is just sort of £4k.
t out of luck. I work in HR and if the wording of the pension paperwork is as above then the onus is on you to fill it in to enrol. Not only that, but now you are no longer an employee the scheme rules will most likely not allow and backdated payments. Also, how do you think the 'missed' payments should be phased/staged to account for rises and falls in the stock market? How can you anticipate 4 years on what funds and risk profile you would have chosen? To be honest if this was 3 years ago and she didn't get it resolved, it sounds like she didn't try nearly hard enough.Gassing Station | Jobs & Employment Matters | Top of Page | What's New | My Stuff