What is your employee to employer contribution rate?

[rob oyle]

My partner just started a new job, her salary and allowances would be under the high tax bracket.

Her company is offering a contribution rate of 2% of salary to her pension if she contributes 5% herself.

Seems like a pretty lousy offering to me but I'd be interested to know what people working for international companies are offered? In my last role I was getting an 8% contribution from my employer plus the first 2% of my contribution was matched one-for-one. I can't see how someone contributing 7% to their pension would ever have a sufficient fund for retirement.

 

[Steven Barrett]

That is the worst pension offer I have ever come across. I've come across a few that the employer paid 3% and always thought that was pretty lousy.

5% is the standard, but even then, it's pretty bad. Even if you match it, 10% contribution won't get you a whole lot.

The best I have come across is 13% plus pension premiums are paid if you are on a sick claim.


Steven
www.bluewaterfp.ie