Boring but necessary question - Company pensions and NI

[Unregistered]

Hi all, I was just wondering if any of you know which companies (if any) provide a pension that your employer pays into? Do any cruise companies? Also, what happens with National Insurance whilst you're at sea? I'm guessing you don't have to pay it if you're outside the UK more than 6 months? or do you make voluntary contributions?

Cheers

[CharlieDelta]

With big UK based cruise company, we have pension available with employer contributions.

National Insurance doesn't work along the same lines as tax in terms of being out of the country. I pay it at source, however if you're paid without any deductions you'll need to arrange voluntary contributions to keep the benefits.

[Steve]

RFA pension is the usual civil service scam, but the benefits are set to change from 2015. NI as per CD's post.

[Chiefy]

all UK companies also have to provide pensions, being phased in over the next few years, shipping companies (of course) are looking at who, what, where and when.....

If you are paid within the UK you pay NI, there are some work arounds and reductions available if you are "Foreign Flag" in which case you can drop to voluntary contributions and the likes.

Tax is either paid at source and claimed back if you meet the ruels, OR not paid at all and hope you meet the rules ;-)

[Lewis]

Chevron have a very good pension scheme. Final salary and everything.