Promotion
A promotion will not automatically change the benefits payable from the Scheme. However following a promotion you may wish to consider increasing your contributions to the Scheme.
Remember: In addition to the standard Company contribution of 8% of your Pensionable Pay, the Company will match your contributions up to a maximum of 5% 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.