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I don’t understand my pension contributions
I don’t understand my pension contributions
Written by Isabel Clift
Updated over a week ago

We enrol all Florence care professionals (not limited companies) in our pension scheme, Smart Pension, after they’ve worked with Florence for three months.

Overview of the pension scheme

Once you’re enrolled, we’ll make employer contributions and you’ll make employee contributions, which will also receive tax relief from the government.

From April 2019, the contributions are as follows:

  • We’ll pay 3% of qualifying earnings.

  • You’ll pay 5% percent of qualifying earnings.

*Qualifying earnings means annual earnings between £6,136 and £50,000. It includes salary, overtime, commission and bonuses.

If you have more questions, please contact [email protected].

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