Employer's contribution authority form for Self ... - Legal & General

3TO BE COMPLETED BY THE EMPLOYERThe employee named in section 1 has completed an application to become a Member of a Legal & General pension plan.To make contributions to this arrangement please complete all sections of this form and Direct Debit if applicable.Company nameHead office/Registered addressPostcodeCompany registered numberCompany contact nameCompany contact phone numberCompany contact address (ifdifferent from above)Employee contributions by salarydeduction (if applicable)a) Deducted from your employee’s pay £Net monthly/yearly 1 and paid to usby Direct DebitThe net amount is the amount the employee wants to pay. Their contract is for the grosscontribution, which is the amount stated plus basic rate tax relief (at the rate applicable whenthe first regular contribution is paid). Tax relief is not available for contributions once theemployee reaches age 75. If basic rate tax relief changes, or the employee reaches age 75,the amount we collect by Direct Debit will therefore change and you will need to change theamount you deduct from your employee’s salary.£Net single contribution by cheque 2The net amount is the amount the employee wants to pay. Their contract is for the grosscontribution, which is the amount stated plus basic rate tax relief (at the rate applicable whenthe single contribution is paid). Tax relief is not available for contributions once the employeereaches age 75.b) At what rate should the amount collected by Direct Debit be automatically increased each year?(You may only choose ONE of the options.)NoneIn line with the RetailPrices Index 3By a fixed percentage%each year ofIn line with the annual increasein Average Weekly Earnings 3(only whole numbers up to 10%inclusive allowed)If your employee’s contributions are to be automatically increased each year then the amount wecollect by Direct Debit will automatically increase. You will need to change the amount you deductfrom the employee’s salary in line with this.Employer contributions, includingsalary sacrifice (if applicable)a) I wish to make a gross contribution to the above employee’s pension plan administeredby Legal & General as shown in Section 1.££Gross monthly/yearly 1 by Direct Debit ORSingle contribution by cheque 2The above contribution(s) will be invested in accordance with instructions given by the Member.b) At what rate would you like your employer regular contributions to your employee’s plan tobe automatically increased by each year? (You may only choose ONE of the options.)NoneBy a fixed percentageeach year ofIn line with the RetailPrices Index 3This option is only available for regular contributions paid by Direct Debit. Employer contributionscan be automatically increased differently from employee contributions.%In line with the annual increasein Average Weekly Earnings 3(only whole numbers up to 10%inclusive allowed)1Delete as appropriate.2Please make cheques payable to Legal & General.3Contributions will only increase in line with the index/factor. If there is a decrease in the index/factor then the contributions will remain the same.Employer’s Contribution Authority