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  1. #1
    Contributor alymac
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    when should your employer make pension contibutions?

    i checked my pension during week, i contribute as well as my employer through their scheme with axa, axa confirmed they have not received any contributions for september or october, admittedly its not that long since 26th october when i was paid but what about september, thats quite a few weeks past, question is where is the £ and who is getting the gain of it!

  2. #2
    Contributor GDB2222
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    Have a look here:
    http://www.thepensionsregulator.gov....eLpppFinal.pdf

    Not paying the contributions on time is taken very seriously by the authorities. The payment date is not necessarily the same as your pay-date, though. I would ask at work. It may just be a slip-up, but I am afraid that not paying pension contributions is a strong indicator that your employer may be in deep financial trouble.

  3. #3
    Expert angst
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    Would you care to name your employer?

  4. #4
    Contributor alymac
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    Quote Originally Posted by angst
    Would you care to name your employer?
    Would prefer not to on an internet forum but they are a very large american company who are a + rated on standard & poor, i e-mailed our hr team last tuesday and have not received an acknowledgement or reply from them

  5. #5
    Expert angst
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    I hope it's not GM, Ford or Chrysler

  6. #6
    Expert abaxas
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    Ok, lets check the 2 possible outcomes.

    1) Your <40, it doesnt matter as by the time you retire there will be nothing left in the pot as the people before you will have spent it all.

    2) Your >40. Get on the phone to HR and start complaining. At least you have a chance of getting something back.


 

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