Common use of Pension rates Clause in Contracts

Pension rates. A. The total pension contribution will be 12 per cent of the pay-as-you-earn wages, see subsection 2. B. The enterprise’s contribution is two thirds, and the employee’s contribution is one third.

Pension rates. A. The total pension contribution will be 12 per cent is 12% of the pay-as-you-earn wagessalary subject to PAYE tax, see cf. subsection 2. B. The enterprise’s company contribution is two thirds, 2/3 and the employee’s employee contribution is one third1/3. As of 1 June 2023, the company contribution is 10% and the employee contribu- tion is 2%.

Pension rates. A. The total pension contribution will be 12 per cent is 12% of the pay-as-you-earn wagessalary subject to PAYE tax, see cf. subsection 2. B. The enterprise’s company's contribution is two thirds, represents 2/3 and the employee’s contribution 1/3. The company 8.0 per cent. The employee 4.0 per cent. In total 12.0 per cent. As at 1 June 2023, the company contribution is one third10% and the employee con- tribution is 2%.

Pension rates. A. The total pension contribution will be 12 per cent of the pay-as-you-earn wages, see cf. subsection (2). B. The enterprisecompany’s contribution is two thirds, represents 2/3 and the employee’s contribution is one third1/3.