If you a member of the NEST pension scheme the contribution rates\u00a0that\u00a0both you and your employer pay into your pension will have changed from April 2019. The members rate has increased from 3% to 5%, the employers rate from 2% to 3%. This provides a total contribution increase of 5% to 8%.<\/p>\n
Please note the increase is mandatory, by law a total minimum amount of contributions must be paid into the scheme, please see below for current rates and scheduled increases:<\/p>\n
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\n Date<\/strong><\/td>\n Employee Contribution<\/strong><\/td>\n Employer Contribution<\/strong><\/td>\n Total Contribution<\/strong><\/td>\n<\/tr>\n<\/thead>\n\n \n 1st March 2013<\/td>\n 1%<\/td>\n 1%<\/td>\n 2%<\/td>\n<\/tr>\n \n 1st April 2018<\/td>\n 3%<\/td>\n 2%<\/td>\n 5%<\/td>\n<\/tr>\n \n 1st April 2019<\/td>\n 5%<\/td>\n 3%<\/td>\n 8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n