Your payment options

The Government has set a minimum amount that usually needs to be paid. At least the minimum amount is normally paid by both you and Howdens. Visit the website to find out more about Government minimums.

 How much will you pay?

Howdens will help build your pension fund by making contributions to your plan at a core level with additional matching contributions if you choose to pay more.

All members other than those who transitioned across from the DB arrangement on 1 April 2021EmployeeEmployer
Core contribution 4% 6%
Flex up 5% 7%
  6% 8%
Flex down 3% 6%
  2% 6%
  • Members who transitioned across from the DB arrangement on 1 April 2021 will have been notified separately of the contribution rates applicable to them.

If you choose to pay less than 4% this will only apply until the next election window when you will be moved back to the core contribution of 4%.

You can increase your payments in 1% increments. Contact the pensions team to find out more about this and for details of when you can make changes to your payment levels.

What will I get back

"Are you going to have enough in your pension to give you the retirement you'd like?"

Change your payments

Keep up to date with your payments and find out how you can change the amount that you're paying.


Your pension is normally a long term investment and you usually can't withdraw money until the age of 55 (may be subject to change). As with any investment, the value can go down as well as up and may be worth less than what was paid in.

Get the lifestyle you want?

"How much should you pay to get the retirement you want?"

Important documents

To help you make an informed decision we've provided you with important information that you should read. You should print or save copies of these documents for future reference.

This is where you will find specific details about your employer’s company pension.

Plan summary document (PDF, 73kb)

This document explains the features of the pension product your employer has chosen.

Key features document (PDF, 288kb)

This document gives you an illustration of what your pension could be worth.

Key features illustration (PDF, 164kb)

Read this guide for more information about how pensions work if you make payments through salary exchange.

Planning for more in retirement  (PDF, 2.31Mb)

Read this guide for more information on your investment options, including details about charges and fund codes.

How to choose the right investment options for your pension (PDF, 1.17Mb)

Use this form if you would like to join the plan and you aren't being automatically enrolled.

Authorisation form (PDF, 258kb)

Read this form for more information on Salary Exchange. This form has been provided by Howdens. Standard Life aren't responsible for the content of this guide.

Salary exchange factsheet (PDF, 203kb)

Presentation for members of the Howden Joinery Auto Enrolment Pension Scheme.

The Howden Joinery pension presentation (Recording)