Workplace pensions

[mtbc]

We have some pensions changes coming up this year. Of course in April my tax code will change, moreover to a particularly Scottish one now that income tax rates are a little devolved. I now pay a reduced rate of National Insurance (like Social Security) because of the adequacy of my employer's pensions provision but I believe that lower rate is to come to an end, perhaps because adequate pensions provision is becoming universally required. Also, some changes to our pension scheme, the Universities Superannuation Scheme, come into force at that time. Then, I believe, later this year we have the opportunity to voluntarily contribute a little more toward our pension with matching from our employer; it is typically worthwhile to take advantage of opportunities for matching contributions. I am therefore not sure that my net pay won't actually be lower later this year than it is now.