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- Documents and FAQ
Topping up your main pension arrangement
Feed your pension
Finding extra money can be really tough. But paying in even just a little bit more now can have a big impact on your standard of living when you retire. When you choose to top up your pension, you're taking control of your future. Centrica also pay an additional amount on top of your contributions up to a maximum of 10% .
1. Increase your retirement savings
Your additional retirement savings are a long term plan to help you save more for your retirement. So the more money that is put in and the earlier you start saving, the more you should have later on when you no longer work.
As member of the DC Top-up Section you have the option to choose your contribution rate. As Centrica double match you contribution in the range of 3%-5% of your Top-up salary you may wish to consider joining the DC Top-up Section before the AVC section.
Important information and assumptions
It's important to remember that a pension is normally a long term commitment. As with any investment its value can go down as well as up and may be worth less than what was paid in.
Laws and tax rules may change in the future. The information here is based on our understanding in April 2022. Your own circumstances, including where you live in the UK will also have an impact on tax treatment.