Section Options

The Pearson Pension Plan is a pension arrangement that helps you save for a more comfortable future. The Pension Plan has two sections that are open to new joiners, the Money Purchase 2003 Section (MP03 Section) and the Auto Enrolment Section (AE Section). Both sections are Defined Contribution pension arrangements. If you take no action, you are automatically enrolled in the AE Section; however, under the Money Purchase 2003 (MP03) Section, Pearson will contribute double the amount you contribute every month. So, the more you pay, the more Pearson pays.

Money Purchase 2003 Section (MP03 Section)

Enrolment Type

Must opt in. Visit the Pearson Benefits Portal to enrol.

Age Requirements

16 to 74

You Pay

Between 3% and 8% of Pensionable Salary. The maximum depends on your age. This can also be paid through salary exchange.

Pearson Pays

Double what you pay: in between 6% and 16% of Pensionable Salary

Pensionable Salary

Your basic salary as of 1 April each year, restricted in accordance with the Plan Earnings cap (£223,800 a year for the 2024/25 tax year).

Auto Enrolment Section (AE Section)

Enrolment Type

Automatic enrolment

Age Requirements

16 to 74, state pension age

You Pay

5% of your Qualifying Earnings. This can also be paid through salary exchange.

Pearson Pays

3% of your Qualifying Earnings

Qualifying Earnings

Salary: over £10,000

Between a minimum of £6,240 per year and a maximum of £50,270 per year for the 2025/26 tax year.

For more information: The Pearson Pension Plan website

Death in Service Benefits

Refer to our Death in Service Benefits page