It is interesting to note that low-paid public sector workers, e.g. 20k, 22k, will pay the pensions levy, but they will not receive an occupational pension from their employer.
Example: 22k
Pension levy payable = 950 pa
Pension benefits:
Lump-sum = 1.5 times wage = 33k
Pension = 0.5 times (22k - 2OACP) = 0.5*(0) = nil pension
Example: 22k
Pension levy payable = 950 pa
Pension benefits:
Lump-sum = 1.5 times wage = 33k
Pension = 0.5 times (22k - 2OACP) = 0.5*(0) = nil pension