This information is taken from workSMART.org.uk, the help and advice portal for all people at work, from the TUC.
A pension is a very important part of the pay package offered by an employer. A good pension can add as much as a quarter to the value of your salary. Particularly if you intend to work for an employer for more than a short time and have any choice about the job you do, you should ask some hard questions about the pension scheme on offer.