If you go on parental leave you will remain a member of the Plan. Whilst you are on full pay, your payments to the Plan and Sky’s will stay the same.
If you receive Statutory Maternity Pay (SMP) or a reduced contractual salary your payments will be at the same percentage as when you were on full pay, but based on the reduced pay.
Although you will be paying less, the same amount will be going into your individual account. Sky will pay contributions based on your full pay before your parental leave, and Sky will make up the difference between your lower payments and the payments you were making before you went on leave.
If your pay stops completely, all payments to your pension will stop until you return to work.
Your Life Assurance and Income Protection benefits entitlements will continue for the whole of your leave.