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The workplace pension is coming

Paystream News

Friday 19th Jul, 2013

The government has created a new initiative to help you build up a pension through your workplace. It requires all employers including PayStream to enrol their workers into a workplace pension scheme if they are not already in one.

From end of October 2013, if you are PayStream My Max employee, you'll be automatically enrolled into our workplace pension scheme if you meet the eligibility criteria. You can choose to opt out of the scheme if you want to, but if you stay in you will have your own pension pot which you get when you retire.

If you are an employee of PayStream May Max 2 or PayStream My Max 3, you will have a later start date. Page 1 of your payslip will show you which PayStream My Max company you are employed by if you are unsure.

You can find out more by clicking here.

If you'd like to know more about our pension scheme with NEST you can visit their website at www.nestpensions.org.uk or search online for NEST pensions.