It’s now law that most employees must be enrolled into a workplace pension scheme by their employer.

If you're eligible for automatic enrolment, the legal minimum that must be paid into your pension is 8% of your qualifying earnings per year, with at least 3% paid by your employer.

As well as free money from your employer, you’ll get tax relief from the government on your workplace contributions, too, making them a tax-efficient way to save for retirement.

The workplace pension contribution percentage in the calculator applies to your full annual salary and includes contributions made by both you and your employer.