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Pension increase

(52 Posts)
minesaprosecco Fri 06-Apr-18 13:20:33

And a good thing too. People need to have a pension when they retire and too many don't think about it. The wage increase isn't good enough, granted, but at least employers are having to pay more into the pension schemes as well, so in effect the workers are getting a greater increase, but they'll see it later in life. My only concern is that the pension companies might not be managed properly and so not pay out in the future. That would be awful!

Anniebach Fri 06-Apr-18 12:57:48

A worker on minimum wage was paying £1.50 per week pension, this week it has increased to £4.73

A £13 weekly increase in wages becomes £6.28 increase in wages