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What happens to my pension if I am furloughed?

Millions of employees have been furloughed in the UK this year since the introduction of the government’s Coronavirus Job Retention Scheme, which has been extended until the end of October.

Here, we look at how your pension may be impacted under the furlough scheme, and the importance of maintaining pension contributions if you can afford to do so, to provide for a comfortable retirement.

What happens to my pension if I am furloughed?
Millions of employees have been furloughed in the UK this year since the introduction of the government’s Coronavirus Job Retention Scheme, which has been extended until the end of October.
Central Investment Services (Scotland) Ltd is Authorised and Regulated by the Financial Conduct Authority. Registered in Scotland No SCO54118. Registered Address: 33 Albyn Place, Aberdeen AB10 1YL

We are entered on the Financial Conduct Authority Register No 114793 at https://register.fca.org.uk  The Financial Conduct Authority does not regulate taxation and trust advice and some aspects of employee benefits.

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