Employer has reduced pension contribution

Hi all,

Just wanted to check something.

I was given a letter today from my employer stating they were reducing their percentage contribution to my pension from 5% to 1% as part of a cost-cutting exercise. I still pay in 5%. They are intending on reviewing the situation next year sometime.

Have I any argument against this, or are they within their rights to do it? Is it a case whereby they are not obliged to pay into my pension so I'm lucky they give me anything??

Thanks,

M

What does your contract of employment say about employer pension contributions? Sounds like a potential change in the terms & conditions of your contract of employment and I didn't think that they could do this unilaterally? Are they asking you to sign anything? Maybe give NERA at www.employmentrights.ie a shout and see if they can advise?