2 articles tagged with Employer Contribution.
Opting out of auto-enrolment doesn't just stop your own contribution — it switches off your employer's match and the 20% tax relief on top. On a £30,000 salary, that's roughly £950 a year lost, compounding to over £63,000 by retirement.
The real cost of opting out of the NHS pension in 2026: 23.7% employer contribution lost, defined benefit value vs SIPP, and the rare scenarios where opting out makes sense.