The National Employment Savings Trust (NEST) is a workplace pension scheme which has been set up by the Government to offer pensions through auto-enrolment. If you work as a payroll consultant or are employed by the company on an hourly paid contract or as a casual worker, you have the chance to save for your retirement using this scheme. You may have also been entered into NEST, if you have TUPED across under special arrangements.

The company must enrol you into this scheme if you fit the auto-enrolment requirements below and you:

  • Are not already in an alternative qualifying pension arrangment;
  • Earn over £10,000 a year i.e. £833.33 a month (in 2019/20);
  • Are aged 22 or over;
  • Are under state pension age; and
  • Work, or usually work in the UK.

You will contribute 5% of your qualifying earnings* and the company will contribute 3%, helping you to save more. The tax relief that you are entitled to for the contributions you pay will be collected by NEST from the government and paid into your pension account.

*Qualifying earnings is the band of gross annual earnings on which contributions are calculated. It includes your salary or wages, overtime payments, bonuses and commissions, as well as statutory sickness, maternity, paternity or adoption pay. It is normally aligned with the earnings that you pay National Insurance on up to the Upper Earnings Limit.

You can top-up your account by paying additional contributions, but you will need to arrange this through NEST.

You can choose to opt-out of the scheme by contacting NEST; but if you do decide to opt out, the company will re-enrol you every three years from the auto-enrolment staging date. You can re-enrol yourself at any time.

For more information contact the NEST team on:


Phone: 0300 020 0090