Matching contributions

The Company will double-match your contribution – up to a maximum of 5% from you and 10% from the Company.

Leonardo thinks of pension saving as a partnership between the Company and its employees. Because of this, FuturePlanner works using the ‘double-matching’ principle, which means the higher your contribution, the more the Company will pay.


The double-matching rate is two-for-one on your contributions up to a maximum of 5% of your pensionable salary. You can pay in more than 5% if you wish, but anything above 5% will be counted as Additional Voluntary Contributions (AVCs), which are not matched.

The table shows how this works:

Your contribution (%) Company contribution (%) Total paid into your Retirement Account (%)
1 2 3
2 4 6
3 6 9
4 8 12
5 10 15
6+ 10 16+

Pensionable salary is your basic salary. All other earnings are non-pensionable unless the Company has specifically advised you differently in writing.