- Pensions contributions take a hit under the furlough scheme
- What is this story about?
Law360: Retirement savings contributions have been reduced by more than wages under the Coronavirus Job Retention Scheme (CJRS) owing to a ‘quirk of mathematics’ according to provider NOW: Pensions who noted that, although furloughed workers had seen a 20% drop in salaries, pensions contributions had fallen by 25%.
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