OPT OUT OR ENROL FOR UK PENSION CONTRIBUTIONS AS AN IMMIGRANT WORKING IN THE UK 2024 | WATCH THIS!!

Learn more about Data Analytics Training with TechDrive: techdriveuk.com
WANT A ONE-ON-ONE SESSION WITH ME? CLICK HERE: bit.ly/3EmZ95h
DOWNLOAD IELTS STUDY PACKAGE 👉 selar.co/6mwk
CREATE A PROFESSIONAL CV FOR YOUR JOB APPLICATION: selar.co/671496
In this video I will share with you OPT OUT OR ENROL FOR UK PENSION CONTRIBUTIONS AS AN IMMIGRANT WORKING IN THE UK 2024 | WATCH THIS!!
#ukpension #immigrantworkers #ukmortgage #buyingahouse #immigrationpolicy #skilledworkvisa #ukupdates #childdependants #Ukliving #ukimmigrants #ukdependentvisa #ukvisas #latestupdates #livingintheuk #ukimmigration #ukupdates #skilledworkvisa #visasponsorship #ukvisas #ukimmigration #ukpolicies #ukstudent #ihsfee #poststudyvisa #ukstudents #ukvisas #ukmigration #ukvisasponsorship #remotejobs #ukstudents #nomorecarerjob #Dependantvisa #ukstudents #ukemployers #ukvisa #Dependantvisa #Ukjobs #travel #ILR #skilledworkvisa #ukstudyvisa #ukimmigrationupdates #visasponsorship #studyinginuk #lifeinuk #ukcostofliving #Ukjobs #ukstudent #ukstudyvisa #studyabroad
WANT A ONE-ON-ONE SESSION WITH ME? CLICK HERE: bit.ly/3EmZ95h
DOWNLOAD IELTS STUDY PACKAGE 👉 selar.co/6mwk
Visit AmberStudent to book accommodation close to your university.
Click here ➡️ amberstudent.com/partners/dan...
Join my Telegram group 👉 t.me/+Upu33jBvOktiOTk8
My referral links
* DOWNLOAD PAYPAL AND EARN £20
Click here: Use my link: py.pl/16i6kz
* Download REVOLUT bank App👇
Sign up with my link and earn £50.
revolut.com/referral/danieltdyi
Sign up with my link below: revolut.com/referral/?referra...
* Download Klarna App👇
Have you seen the Klarna app? Try it using my link and you can get a £10 gift card.
invite.klarna.com/gb/8rzrmu2z...
If you find this video helpful, kindly like, comment, share and click on the Subscribe Button.
This channel is here for you, so let me know in the comments, if you liked this video and more of what you would like to see.
I might just film your video suggestion! I hope you enjoyed this video and find it helpful!
_______________________________________________________________
SUBSCRIBE TO MY CHANNEL: / danieljesuloba
____________________________________________________
Let's stay connected:
Instagram - / daniel_jesuloba
Facebook - / daniel.jesuloba
USEFUL LINKS
HOW I GOT 4 JOB OFFERS AS A DATA ANALYST IN THE UK | Got my First Job in the UK
• HOW I GOT 4 JOB OFFERS...
HOW I SWITCHED FROM TIER 4 TO SKILLED WORKER VISA 3 MONTHS BEFORE GRADUATION
• HOW I SWITCHED FROM TI...
LIFE OF A JOBLESS MBA GRADUATE IN THE UK | Don’t waste your money for a Masters degree in the UK
• LIFE OF A JOBLESS MBA ...
UK POST STUDY WORK VISA APPLICATION DENIED IN 2023 | International students should know these!!
• UK POST STUDY WORK VIS...
How I bought my First house after 15 months in the UK | Step by step process
• How I bought my First ...
New Zealand introduces three new residence visa | Shortage occupations | How to apply
• New Zealand introduces...
Latest VISA that allows you to relocate abroad WITHOUT A JOB OFFER | SWEDISH JOB SEKKER VISA
• Latest VISA that allow...
How to raise and build PROOF OF FUNDS for UK Tier 4 VISA | Answering all your questions! |WATCH THIS
• How to raise and build...
Why you should (NOT) relocate to the UK UNMARRIED | Pros & Cons
• Why you should (NOT) r...
Fully Funded SCHOLARSHIPS in the UK for international students | How to study in the UK for free
• Fully Funded SCHOLARSH...
Do not apply for UK Tier 4 Visa UNTIL you have done THESE | Avoid these common mistake! #ukstudyvisa
• Do not apply for UK Ti...
DON’T DO THESE IF YOU PLAN TO RELOCATE TO THE UK IN 2022
• DON’T DO THESE IF YOU ...
Massive recruitment for Live-in carers in the UK with VISA SPONSORSHIP | Earn £3,000
• Massive recruitment fo...
Jobs in the Uk that pays higher than Nursing | High earning professionals | UK shortage occupations
• Jobs in the Uk that pa...
Relocate to NETHERLANDS on a work visa
• Relocate to Netherland...

[@bolaoluwaseunodeneye4605]

Pension in UK is very good, even if you relocate to another country or back to Nigeria as long as you have a pension account you're contributing to while working here you will be paid. My mum only work here for 6 years and went back to Nigeria to work for one of the top Nigeria bank as a company secretary for more than 16yrs. Before she passed 2years ago. Her pension was £350 monthly while her top tier Nigeria Bank only pays her 22000 naira monthly. My aunt is back in Nigeria and her pension is paid on monthly basis from here.

[@omoyenikehinde7528]

How does one unify pensions from different part-time jobs as an international student?

[@segundawodu8442]

I can't opt out, a friend of mine Dad contributed and now that he is retired and he stays mainly in 9ja and can you imagine the rate of exchange presently and how much his dad is enjoying now for not opting out then.

[@DanielJesuloba]

Very true!! It pays off on the long run!!

[@segundawodu8442]

100%

[@Dafoka-v2l]

Even if you leave the UK soon, you can request for your pension contributions to be transferred to a new pension service provider in your new country.

[@aminumuhammad1732]

Enrolling for pension is a no brainer. Either you wish to remain in the country or not. Your UK pension can be claimed from anywhere in the world. Also, for me, the money removed from the salary into the pension pot is small in the grand scheme of things. Sadly, many people opt out because we don't plan for retirement early enough.

[@christianaadeoluwa5333]

Many of us are like Esau- Delayed gratification is surely better than instant gratification

[@kamiluoluwatosin9353]

I don’t think it’s a good financial decision if you are not planning to stay back in the UK. Reason is because, what becomes of the amount so far contributed if you eventually leave the Uk after a year or two? I think it’s much better and of utmost importance for everyone planning to stay back.

[@DanielJesuloba]

Thank you Tosin for sharing this!!

[@joyoverflow3671]

I do tell my friends that, enrolling students for Pension would never make sense to me, because how the hell do you still want to collect from 20hrs

[@DanielJesuloba]

@@joyoverflow3671 there is a percentage of your earning that goes into Pension contributions regardless of how much you earn from 20hrs But I agree on your bias on paying pension as an international student

[@enadeghejosephine2196]

@DanielJesuloba … Please a quick one… If you are with an employer on old salary threshold and you switch employer, will the new salary threshold apply to you?

[@aminumuhammad1732]

Hope you know you can claim your UK pension from anywhere in the world. You don't need to be in the UK to claim it.

[@kingsleynwabugwu8973]

It is a no brainer. Keep it straight. Even if you plan to leave the UK, get your ILR and/or citizenship and then go back to wherever you want to draw on your pension via regular payments or bulk sum.

[@fasholaqudus1097]

Do you think its advisable to pay pension on a second job (bank) and is there any impact on ILR application later on? I pay pension on my main job

[@GrandPlato]

You can contribute to as many pensions from as many jobs as you want, as long as you do not breach the £60k per financial year limit.

[@Samsideen]

But what about if the employer refused to enroll employees for pension? What is the way forward in this situation?

[@franklynomoaka5494]

It’s mandatory for all employers to auto enroll their employees.

[@oseofmat]

Pension contribution schemes is a grey area and it is dicey. I opted out in my first job cause i knew i was not going to be with them for 6 months. In my present job, I've contributed and will continue to do so while planning for retirement.

[@GrandPlato]

It’s less “dicey” now with providers offering flexibility via online platforms and apps to track and manage your pension 24/7

[@oluwatoyinbeatrice878]

Am a student with a dependent ( my husband) who just opt out of pension scheme because no one knows tomorrow. He has a permanent job.We never prayed for bad thing to happen.Pls my question is it possible to opt in again once we settled properly?

[@oseofmat]

The company he opted put of might not allow him join the pension scheme back. If he joins a new company, he can choose to contribute there especially if it's a permanent job.

[@IOUZ2]

You can always join back

[@jimohjohnsonsunday34]

Hello brother

[@theosagie]

HMRC seems to be the best at about 27%

[@DanielJesuloba]

Really? That’s good to know!!

[@doyeodupitan54]

Civil service pension is from 26.6% upwards, depending on the Band

[@fridayedeogbeide182]

What did you know?

[@chinazaokeke44]

Pension is not designed for students or those who are young and plan on leaving the uk very soon. Pension is mainly or was formed for those that have a permanent job that he or she will be with till retirement. As a student, u should not be on pension. However for you daniel, i wont advice you to opt out. U plan on remaining in uk probably till retirement. After retirement u go back to naija and u will be earning in pounds.

[@franklynomoaka5494]

I work with DWP. Pension is for everyone who is of pensionable age including students.

[@DanielJesuloba]

@@franklynomoaka5494 Thank you Franklyn for this insightful response!!

[@GrandPlato]

This is probably one of the worst opinions out there! You can literally start contributing to pension from age 16, student or not

[@chiamakavictoria7022]

Well, some people opt out within 2 years to get reimbursement from their pension contributions to sort out their needs and join back afterwards. After 2 years you can't get reimbursed till retirement.