Start Up contributions will increase from April 2018
Government rules mean we have to increase the minimum (Start Up) contributions that colleagues pay into the Sainsbury's Self-Invested Pension Plan.
From April 2018, the minimum Start Up contribution will be 3% from you and 2% from Sainsbury's.
If you're paying Start Up contributions, you don't need to do anything. The increase will happen automatically and you'll see the new amounts on your payslip from 13th April 2018.
We're updating our online cost calculator, so you can work out what your new contributions
will look like. In the meantime, we have prepared some examples of what you might pay, based on different salary levels.
If you're paying Step Up contributions, then you won't be affected by this change.