What Is Automatic Enrolment? | Auto-enrolment | Auto-Enrolment Section | Metal Box Pension Scheme
To help people save more for their retirement, the Government has introduced pensions automatic enrolment. Under this new law, all UK employers will be required to enrol their employees into a workplace pension scheme. The Government's aim is to get more people to save for another income on top of the State Pension when they retire.
Paying extra contributions | AVCs | Defined Benefit Section | Metal Box Pension Scheme
Which is separate from the DB Section. You can join the AVC Plan at any time before you reach age 65. If you are paying your contributions to the Metal Box Pension Scheme via Salary Exchange, your AVCs' will be paid in the same way, provided you continue to meet the eligibility requirement explained in the Salary Exchange booklet.