From the 6 April 2019, the minimum contributions both you, as an employer, and your employee will increase. You should have by now been provided with a letter to supply to your employees detailing the increase.
WHAT ARE THE INCREASES?
| Date | Employer Minimum | Employee Minimum | Total minimum |
| NEW RATE: From 6 April 2019 | 3% | 5% | 8% |
| CURRENT RATE: 6 April 2018 to 5 April 2019 | 2% | 3% | 5% |
For further information from the Pension Regulator, please click here.
As you are aware, all eligible employees are enrolled automatically – however, they are able to leave the scheme if they wish.
Should any employees enrolled with NEST wish to stop contribution due to the increase, they can do so here