Introduction to NOW: Pension Deductions

NOW: Pensions permits employers to calculate pension deductions based on a percentage of Banded Earnings, Basic Pay, or Total Earnings. Find out more about auto-enrolment at NOW: Pensions.

In this section:

• Salary Sacrifice Pension - based on Banded Earnings

• Net Pay Arrangement/Gross - based on Banded Earnings

• Salary Sacrifice pension - based on Basic Pay or Total Earnings

• Net Pay Arrangement/Gross - based on Basic Pay or Total Earnings