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    In broad terms a company pension can be explained as a pension which is established by a company to accommodate the pension needs of its employees. There are two types of company pension. There is a contributory company pension, in which the pension contribution is automatically taken out of the employee’s salary, before tax and to which the employer can choose to match this contribution with their own. There is also the non-co
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    a company to accommodate the pension needs of its employees. There are two types of company pension. There is a contributory company pension, in which the pension contribution is automatically taken out of the employee’s salary, before tax and to which the employer can choose to match this contribution with their own. There is also the non-c
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    ompany pension. There is a contributory company pension, in which the pension contribution is automatically taken out of the employee’s salary, before tax and to which the employer can choose to match this contribution with their own. There is also the non-c
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    tion is automatically taken out of the employee’s salary, before tax and to which the employer can choose to match this contribution with their own. There is also the non-c
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    employer can choose to match this contribution with their own. There is also the non-contributory company pension, in which the company contributes the payment towards the pension on the employee’s behalf.

    Final Salary Explained

    The final salary company pension scheme offers the employees a proportion of their salary at the time of retirement. This figure is normally calculated as one sixtieth of the employee’s sala

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