In each pay period TYF Group Ltd will make contributions to your pension account and you'll pay member contributions.
You will also get extra money from the government through tax relief. This is paid at the rate of 20%. This will be paid on the contributions that you make and will go directly into your pension account once NEST has claimed this from the government.
The contributions will be paid at the following rates:
Contributions are calculated on your gross pay. Your contriutions (based on the rates shown above) will automatically be deducted from your pay.