Anyone in the UK? How do your pension contributions work? My employer contributes 9% and then I don’t have to contribute so I’m thinking not to but not sure if that’s the right choice?

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Sounds like a 401k contribution, right? I know of a few people whose employers contribute to their 401k's regardless of how much the employee is putting in.. but I'd still aim to put aside something yourself. 9% is good, but 12-15% would be even better.

Thanks, that’s what I was thinking. It’s just hard because I can’t access that money for so long, I don’t want to over pay if I can avoid it but also I’ll probably be glad I did when I get to retirement

Cool good for you. I’m in the United States so we don’t have pensions and I know how your pension system works, but I’ve never had an employer contribute 9% to anything.! I only get a 3% contribution to my retirement savings right now. Basically nothing in this economy, right

I think our salaries are a fair bit lower in general here so it’s probably not as good as it might seem but still useful to know. Thank you

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