Pensions Guide | Pensions Help Product Information | How Much Can I Pay In?

You can invest up to £3,600 in your pension each year, no matter how much you earn. This £3,600 limit includes:

  • the contributions you make towards your pension;
  • any contributions made by your employer; and
  • the tax relief you receive from the Inland Revenue.

The £3,600 limit does not include the National Insurance rebate that the Inland Revenue will pay if you have contracted-out of SERPS or the State Second Pension.

However, the tax rules mean that you can invest more than £3,600 each year if you also meet other requirements relating to your age and your earnings.