What happens when you become a member?
Your pension contributions
| Employer contribution | Employee contribution | Total contribution |
| 10% | - | 10% |
The Commission will, after you have completed one month's service, contribute an amount equivalent to 10% of your gross salary to your Pension Scheme on behalf of your employer.
Payments into your pension
What the government will pay into your pension
The more you pay in to your pension, the more you could get from the government, meaning you could boost the size of your pension fund considerably.
However, there are limits on the amount of tax relief you can get from your pension payments each year. Please remember, tax treatment depends on your individual circumstances and may change in the future. If you want some more information on the tax rules on pension payments visit www.gov.uk.
Investments
The money you have invested into your pension doesn't just sit there waiting for you to retire. Aviva pools your money with that of other investors and invests it with the aim of growing the size of your pension. Pooled funds are a way of putting sums of money from many people into a large fund spread across many investments. Funds are managed by investment professionals. Investing this way can be easier and less risky than buying shares directly and there are lots of funds to choose from. Please bear in mind that the value of your pension savings can go down as well as up and it may be worth less than the amount paid in.
To understand more about your investment options, please read the 'Your company stakeholder pension scheme - An essential guide for employees' (SP03311), which you can download on the Documents page.
Further investment information is also available at aviva.co.uk/retirement/fund-centre/pension-funds/other-investment-options/.
Login
Manage your policies the easy way with MyAviva
- Access your pension through facial or thumbprint recognition or Alexa
- Check the latest value of your pension, update personal details and nominate a beneficiary
- Switch investment funds or transfer-in pension pots worth less than £30,000 that you have with other schemes
- Get discount on a wide range of other Aviva products such as car or home insurance.
You only need to register one pension plan to view any others you may have with Aviva.
State pension information
Could you afford to live on the state pension alone?
The full new State Pension is £221.20 per week, for the 2024/2025 tax year. You will usually need at least 10 qualifying years on your National Insurance (NI) record to get any State Pension. To receive the maximum, the new State Pension requires a 35 year NI record. The amount you will receive will depend on your National Insurance record, for more detail please visit gov.uk/new-state-pension.
When can you claim the state pension?
The government is in the process of increasing the age at which you can claim the state pension. If you retire early and are only planning to rely on the state pension, you won't have any income from when you retire until you reach state pension age. To check your state pension age, please visit gov.uk/state-pension-age.
When you come to retire the government may have changed their rules. For more information visit gov.uk.
Will you get any other money from the government?
You might also be eligible for other benefits, such as pension credit. This is an income-related benefit which could top up the amount you receive each week. There’s more information about this on the gov.uk/pension-credit.
Tools
To help you with your retirement planning, we provide a range of planning tools so you can think about the kind of income that your pension savings could provide for you. You can look at the sort of pension pot you might have when you reach retirement and what impact making changes to your pension contributions could have.
Shape my Future
Can help give you an idea whether your potential retirement income will fund the lifestyle you want.
The Mid-Life MOT app
The Mid-Life MOT app provides a free check-up of your wealth, work and wellbeing. Our Mid-Life MOT app is a small investment of your time, but it could make a big difference. Designed for people in the UK between 45 and 60.
Retirement Spending Calculator
Discover how much you might spend during your retirement compared to your current spending and what sort of income you'd need to cover your costs.
Pension calculator
Learn more about the future of your pension plans and how long your money might last in retirement.
Contact us
Got a question? We are here to help
Contact your employer
Adam Cottrell, Pensions Administrator
0300 200 7390
Adam.Cottrell@senedd.wales
Guidance and Advice
This site does not provide financial advice.