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SSE accredited as living pension employer

Employee Benefits

Credit: Alasdair Jones / Shutterstock.com Scottish energy firm SSE has been accredited as a living pension employer to provide financial stability and security. The living pension savings target is 12% of a full-time employee earning a living wage salary , of which the employer pays in at least 7%.

Pension 59
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53% of employers do not think the living pension meets basic retirement needs

Employee Benefits

Employee Benefits poll: More than half (53%) of organisations do not think the living pension goes far enough to support employees in building a pension pot that meets basic retirement needs, according to a survey of Employee Benefits readers.

Pension 59
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Sacker and Partners becomes living pension employer

Employee Benefits

Pensions law firm Sacker and Partners has become a living pension employer. Employers commit to either a percentage or cash target, equivalent to 12% of salary for a full-time employee earning a living wage salary or £2,800. The employer pays in at least 7%, or £1,630.

Pension 59
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The top 10 most-read articles between 10 – 16 November 2023

Employee Benefits

The top 10 most-read articles on employeebenefits.co.uk year-on-year The post The top 10 most-read articles between 10 – 16 November 2023 appeared first on Employee Benefits. The top 10 most-read articles on employeebenefits.co.uk

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Poll: Does the living pension go far enough to meet basic retirement needs?

Employee Benefits

Last week, Employee Benefits reported that Scottish energy firm SSE was accredited as a living pension employer to enable its workers to build a pension pot that will provide enough income to meet basic everyday needs in retirement. appeared first on Employee Benefits.

Pension 45