Pensions contributions guidance for employers

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Employers are being urged to remember their workplace pension duties during the current pandemic.

The Pensions Regulator (TPR) is reminding employers know that these duties apply whether your staff are working or are being furloughed as part of the Coronavirus Job Retention Scheme.

Since the start of August employers have needed to pay the pension contributions and National Insurance contributions for furloughed staff.

Employers are still eligible to claim the lower of 80% of staff wages or £2,500 per month for these staff, reducing to the lower of 70% or £2,187.50 per month in September and the lower of 60% or £1,875 in October, with the scheme closing on October 31, 2020.