Employer pension contributions never paid

figi2015

Registered User
Messages
2
Looking for advice regarding unpaid employer pension contributions. Requested details of pension from employer after six years only to be told the annual amount of employer pension contributions was a mistake in employment contract due to having copy and paste. They also admitted none of it has ever been paid. As a solution they have suggested paying less than half the amount now and setting up a monthly payment of less than half what is stipulated in the contract.
I am not versed in legal issues but I assume this is wrong on many levels.
 
I am not a lawyer, but if your contract stipulated a pension contribution and you accepted the contract then I think you have a case. I would report this failure to invest the agreed contribution to the Pensions Authority who can take it up with your a employer.
 
How far do you want to push this?

They put something in the contract that was a mistake. You can make them stick to it and insist on the full amount being put in. The returns in the last 6 years have been very good and you have lost out on a lot of growth too, so you can insist on them making good on the profits not made.

Will pushing this have an adverse effect on your career prospects?

You definitely have a case but be diplomatic with how you deal with it. Telling them you are going to the Pensions Authority should be the last option, not the first. Negotiate first.

Steven
www.bluewaterfp.ie
 
What percentage of your salary would the pension amount in the contract have been?
Did your pay slips show any pension contributions?
 
Thanks all for taking the time to reply. The Employer contributions would have been approx 8% of gross salary. Nothing shown on payslips with regard to same.
 
8% would be higher than most, but not so high that you'd assume it's an error. I suppose the next question then becomes how the salary compares to other companies, and whether the anticipated pension was the determining factor.

Not noticing there's no reference to pension on your payslip for 6 years is a fairly significant issue.
 
Are employer's pension contributions on payslips? If there were personal contributions, then yes, they would be recorded on a payslip but not employer ones. (I could be wrong about this)

Steven
www.bluewaterfp.ie
 
Employer's pension contributions are included on my payslip. I don't know if they have to be but I guess any company paying the contribution might want it there.
 
Back
Top