Maximum employer DC contribution

[breakdabank]

Does anyone know if there a maximum percentage of salary defined for employer DC contributions? I'm aware of the age-related employee AVC limits but wondered if there is something similar for employer contributions.

 

[G123]

Does anyone know if there a maximum percentage of salary defined for employer DC contributions? I'm aware of the age-related employee AVC limits but wondered if there is something similar for employer contributions.

Broadly speaking you are entitled to fund for a pension of 1.5 times your salary, spouses and childrens' benefit, and inflation of your pension in retirement. Your contribution depends on your age, salary etc. Any pension adviser should be able to calculate this for you.

Also see http://www.iapf.ie/InformationLibra...onSchemes/BHowDefinedContributionSchemeswork/

 

[LDFerguson]

Broadly speaking you are entitled to fund for a pension of 1.5 times your salary, spouses and childrens' benefit, and inflation of your pension in retirement. Your contribution depends on your age, salary etc. Any pension adviser should be able to calculate this for you.

That should be 2/3 your final salary.