Contributions

When you join the DC Section you will automatically pay the default 1% member contribution. The Company will make pension contributions, known as Employer Credits, of 8% of your Pensionable Pay on your behalf. The Company will also pay Matching Employer Credits of 1% of your Pensionable Pay.

Use our Contribution Calculator to see what effect a change to your contribution level would have on your take home pay and the overall amount that is invested in your Personal Account, once tax savings and the effect of contribution matching are taken into account.

graphic illustrating contribution rates