You can make regular contributions to the MMC UK Pension Fund, which are matched by the Company as follows:
|
Member contribution (% of Pensionable Salary) |
Company contribution (% of Pensionable Salary) |
Total contribution (% of Pensionable Salary) |
|---|---|---|
| 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.
