The Scheme Facts

About the Scheme

  • The Nvidia pension scheme is a Group Personal Pension provided by Aviva.
  • New joiners are enrolled to contribute 5% of basic salary and Nvidia will contribute 5%.
  • By default, your contributions are deducted via your Net pay.
  • As from the 1st April 2022 the scheme annual management charge has reduced to 0.4%, from 0.45%, for those invested in the scheme's default fund.
  • From 1st March 2022, our default investment fund has changed to the Aviva My Future Focus Drawdown Lifestage.
  • You can review and change your contribution level and how you pay your contributions on your benefits portal, Benefit Box.

The scheme profile as at January 2022

95%

Percentage of employees who are members of the pension scheme

32%

Members are contributing above the auto-enrolment minimum contribution levels of 5% employee and 5% employer

12.22%

Total average contribution paid into the scheme

81%

Members are contributing via salary sacrifice

£15,488,790

Total funds under management as at 03/03/2022

£64,003

The average fund value across the scheme