Pension stuff

[Diddums]

I want to increase my pension contributions so when I retire I can buy a yacht and a helicopter and a private jet and all that.

How much do you guys pay every month? Is it percentage based or a value of your choice? When I was at BT I think the max they allowed was 5% but here I can do 100% of my salary if I want. Is there a limit on what the company needs to pay, or do they have to match every penny I pay even if I go for (a hypothetical) 100%?

Hmmmmm.

 

[Diddums]

I asked our payroll what the limit is of our company's contributions, if there is one, and this is the answer I got

Will pull my finger out and do some actual reading later, I should probably know this stuff tbh.

 

[Diddums]

I pay 6% via salary sacrifice in, employer pays 22.5% in. In addition I can invest 2.5% of my gross salary in to a share scheme and receive 7.5% in shares. FTSE 100 company, dividends get reinvested in additional shares for me. Great life insurance package and Medicare too.

Is this the Twitch gig? Sounds pretty lucrative tbh.