About
The Living Pension standard builds on the work of the real Living Wage by providing stability and security for workers now and in the future.
It is a voluntary savings target for employers, to help workers build up a pension pot that will provide enough income to meet basic everyday needs in retirement. It is independently calculated based on the real cost of living.
The standard sets out the minimum annual contribution required through an average working life to reach this savings level and employers commit to making sure all workers can access this.