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Old 09.12.2009, 11:46
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Employer Pension Contributions

What is the standard percentage that a company contributes towards a pension. I am looking at a contract, was previously on an overseas contract and they are quoting 4%. Is this a standard amount?
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Old 09.12.2009, 20:24
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Re: Employer Pension Contributions

The employer usually contributes about 2 twice what the employee contributes, but as to the actual rate it depends on a lot of factors, such as the age of the employee, the quality of the pension itself, the contribution options selected by the employee and so on. Assuming this is a standard employment contract for a professional person over thirty, I say it sounds very low.

Good luck with that,

Jim
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Old 09.12.2009, 20:47
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Re: Employer Pension Contributions

I am a professional person in my mid forties.
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