London X City Supports UK Employee Pension Scheme

November 27, 2017 – – London X City, an online magazine, is committed to helping people live happy, healthy lives, regardless of their age. Additionally, they are in the process of redesigning their website and giving the magazine a brand new focus. As part of this, they have also announced that they are supporting the UK employee pension scheme. Details are available through londonxcity.com.

“The UK employee pension scheme is a great initiative that all employers have to sign up to,” says Karla from London X City. “Naturally, we have pensions available in line with legal requirements for all our staff. However, we also want to join the campaign in raising further awareness of the benefits of this campaign, how it works, and how other employers can – and should – sign up.”

Pensions are always a hot topic for debate in UK politics. Age limits have recently been changed, meaning people have to work longer before they are eligible to receive a pension. The state pension, meanwhile, is paid for through National Insurance contributions made during an individual’s working lifetime. All employers must enable their workers to sign up to the pension scheme, but some companies continue not to do this.

Karla explains: “We think that it is lack of knowledge rather than anything else. This is why we have highlighted the UK employee pension scheme, and why we have officially signed up for it. We hope that this will encourage other employers to do the same. After all, if they don’t, they are in breach of employment laws and this could cost them dearly.”

Details on how London X City has implemented the pension scheme are available through londonxcity.com. Essentially, the new workplace pension scheme means that employees can choose to have a percentage of their earnings placed in a tax-free savings account, which they can access once they are eligible for retirement.

As shown on londonxcity.com, one way in which London X City is showing support for this important employment right, is by topping up contributions for each of the company’s employees. This instantly makes the pension more valuable as well.

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Contact Chemekx:

Karla
07841867380
mekx@hotmail.co.uk
65-66 woodrow
London
Se18 5dh

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