{"id":130066,"date":"2025-11-11T19:56:10","date_gmt":"2025-11-11T19:56:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/130066\/"},"modified":"2025-11-11T19:56:10","modified_gmt":"2025-11-11T19:56:10","slug":"guernsey-secondary-pension-minimum-contribution-increasing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/130066\/","title":{"rendered":"Guernsey secondary pension minimum contribution increasing"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Employers in Guernsey are being reminded that from January 2026 employees need to contribute a minimum of 1.5% of their earnings to their secondary pension. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The States of Guernsey said the requirement for secondary pensions was introduced to enable islanders of working age to save more for their retirement so they would not have to solely rely on the States Pension and tax-funded welfare benefits. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Since its introduction in 2024 the minimum contribution has been 1% for both employer and employee with only the latter changes next year.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">From 2027 the minimum for both will be 2% with further increases planned until 2032, when the employer contribution is set to be 3.5% and 6.5% for the employee.<\/p>\n","protected":false},"excerpt":{"rendered":"Employers in Guernsey are being reminded that from January 2026 employees need to contribute a minimum of 1.5%&hellip;\n","protected":false},"author":2,"featured_media":130067,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245],"class_list":{"0":"post-130066","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz","13":"tag-personal-finance","14":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/130066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=130066"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/130066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/130067"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=130066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=130066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=130066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}