• Paying in more is known as making additional voluntary contributions
  • You can increase your pension contributions by telling your employer, who will arrange for additional voluntary contributions to be collected from your pay alongside your standard pension contributions.
  • Increasing your contributions can help make a significant difference to the value of your pension when you retire. If you have a particular income requirement in mind, you can check if you are paying in enough by creating your own financial plan in the Creative Pension Trust Member Portal.
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Applies to all our plans

How do I increase my contributions?

How much you save regularly into your pension will depend on your employer’s pension scheme rules and employee benefits programme, but there are legal minimums that employers and employees must pay in together.

Whatever you and your employer are contributing, it is important to understand that this amount is not based on your personal circumstances or linked to any plans you might have for retirement. For example, if you want to retire early, if you started saving into a pension late, or you want to have a very comfortable retirement, you might want to consider paying in a bit more. If you want a better understanding of what you’ll get at retirement and what you can do to ensure you have enough, you can build your own personalised financial plan online using the Creative Pension Trust Member Portal.

Saving extra into your pension is known as making an ‘additional voluntary contribution’, which is made in addition to your normal regular contributions. If you want to start making additional voluntary contributions to top up what you pay into your pension on each pay day, you will need to speak to your employer.

Your employer will arrange to collect this extra money from your salary each time you are paid, so apart from confirming with them how much extra you want to pay, there is nothing else you need to do – everything is taken care of for you.

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