Contributions
Your contributions help grow your savings for retirement. Explore how they work and why they matter here.
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All you need to know about Contributions and the MMC UK Pension Fund
| Member contribution | Company contribution | Total contribution |
|---|---|---|
| 2.5%* | 6.5% | 9% |
| 3% | 9% | 12% |
| 4% or more | 12% | 16% |
*The default contribution for members who do not elect a higher contribution rate.
You can contribute more than 4% of Pensionable Salary; however the Company match will not be more than 12%.
You can review and make changes to your contribution rate via Prosper. There are tax advantages of making pension contributions to the Fund – please read more here.
Did you know?
You can change your contribution rate at any time via Prosper
