You will be automatically enrolled into a workplace pension by your employer sometime between now and February 2018, if
You can opt out if you want to, but you’ll be missing out on a contribution from your employer. Use this calculator to find out the minimum your employer will contribute to your workplace pension once you have been automatically enrolled.
Choose below if you want to enter a yearly, monthly, 4-weekly or weekly salary before tax.Your pay before tax:
Figures correct as of this financial year; earlier years may differ.
Don’t forget, if you pay income tax, you’ll also get money from the government in the form of tax relief. Tax relief means some of your money that would have gone to the government as tax now goes into your pension pot instead.
There is a lot of confusion surrounding pensions and saving. These pension myths can make people feel confused about what they need to do to fund their retirement. We’ve explained some common pension myths on our myth buster page.