This guide will walk you through uplifting your pension contributions to the new limits which will go live on April 6th 2018 & April 6th 2019.
If you have already migrated click here to uplift the contributions at a later date.
Before you can uplift the contributions you will need to be part way through the migration if you click here this will walk you through the migration process.
During the migration you will be greeted by this screen. There are 3 options that you can select ‘do nothing’, ‘Medium limit ‘or ‘High limit’. Once you have selected the option click ‘Next’ to continue
Once selected it will uplift the default contributions. If some of the contributions have been amended they will not be uplifted so they would need to be done manually.
Below are the minimum contributions for the next few years.
|Date||Employer minimum contributions||Total minimum contributions|
|Before April 5 2018||1%||2% (including 1% staff contribution)|
|April 6 2018 – April 5 2019||2%||5% (including 3% staff contribution)|
|April 6 2019 onwards||3%||8% (including 5% staff contribution)|