The UK government introduced the Coronavirus Job Retention Scheme (CJRS) shortly after the start of the pandemic to help businesses survive its economic impact and it has been extended until 30 September 2021. If your employer cannot afford to keep you on, they can put you on ‘furlough’, and can currently claim 80% of your salary back, up to a maximum of £2,500 a month. The amount your employer can claim from the government will reduce from 1 July 2021, however you will still continue to receive 80% of your salary, up to a maximum of £2,500 for the hours not worked.
Inevitably, the scheme is complex, but we have put together the answers to some of the main questions you are likely to have about your pay and your workplace pension. The following information reflects our current understanding of how the scheme operates and we will update it when new details become available. In the meantime, you can also read the government’s guidance on the scheme here. This is updated from time to time. The Money Advice Service is another source of useful information.
Going on furlough is an arrangement between you and your employer, and many aspects of it may have to be agreed between you. If there are specific questions you are unsure about, it would be a good idea to discuss these with your employer, where possible.
This information is based on our understanding of the CJRS as at 10 June 2021.