Pension

Tiqets contributes to the retirement plan for its employees as well as the employee personally.

The pension is arranged within the NEST. It is set-up on Qualifying Earnings, which means that pension contributions are calculated between £6,240 and £50,270 of the totale earnings of employees.

In short: 

• The contribution is set on 4%, both for the employer as the employee.

• Tiqets will administrate the 4% contribution in the Nest and for the employee the actual amount will be 3,2% net because the NESST will add the 20% tax back on.

• The personal contribution of the employee per month is a bit lower than the Tiqets contributions, but in the end it will be 8% total per month.

• The personal contribution of the employee will be administrated in the payroll administration every month.