Transcription of Human Resources HP Pension Scheme Booklet
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Human Resources HP Pension Scheme Booklet
Human Resources HP Pension Scheme Booklet Page 1 of 5 The hewlett - packard Limited Pension Scheme (the HP Scheme ) The HP Scheme is a money purchase Pension arrangement provided through the company s Flexible Benefits Programme. Eligibility You are eligible to join the HP Scheme if: you are either a permanent employee or a Fixed Term Contract Worker of the Company; How it works Individuals do not pay contributions into the Scheme but have their salary reduced by the level of contribution they wish the company to make into the arrangement. As a result of reducing the salary the company pays individuals, it currently reduces its National Insurance payments by of the reduction.
Human Resources HP Pension Scheme Booklet Page 1 of 5 The Hewlett-Packard Limited Pension Scheme (the HP Scheme) The HP Scheme is a money …
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