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.
DISCLAIMER: The purpose of this video presentation is not to provide tax or financial advice. The Trustee of the Prudential Staff Pension Scheme is legally prevented from giving financial advice. This video presentation aims to help you better understand certain aspects of your pension scheme and the choices you may have. All benefits from the Prudential Staff Pension Scheme are payable in accordance with the Trust Deed and Rules, the legal document governing the Scheme. In the unlikely event of any discrepancy between any information provided to you in this presentation and the Trust Deed and Rules, the Trust Deed and Rules will prevail.
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