Pension...

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Discussion

AB

Original Poster:

16,988 posts

196 months

Sunday 30th August 2015
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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.