- Home
- Joining the pension
- Get the most from your pension
- Payment options
- Investment choices
- Common questions
Payment options
Option | You pay | Your employer pays | Total |
---|---|---|---|
1 (your minimum payment amount) | 5% | 8% | 13% |
2 | 6% | 8.5% | 14.5% |
3 | 7% or more | 9% | 16% or more |
Remember
Your pension is normally a long term investment and you usually can't withdraw money until the age of 55 (may be subject to change). As with any investment, the value can go down as well as up and may be worth less than what was paid in.