Personal Pensions for Employees

If you are working for a company that has five or more employees, the company has to by law offer you access to a pension.

However as an employee, you are eligible to pay into a personal pension if:

  • you are working for a company that does not provide an occupational pension
  • your company provides a pension scheme but you are not a member of it

You must be between the ages of 18 and 75 to pay into a personal pension.

You can only start receiving your pension when you reach the age of 50 and 75 unless you retire early due to ill health.