Commsave Credit Union has achieved the Living Pension accreditation from the Living Wage Foundation.
As a Living Pension employer, Commsave will offer this pension savings level to all directly employed staff, no matter their age or earnings.
There are plans to extend this to staff working under third-party contracts.
All new staff will be automatically enrolled at the Living Pension level.
Richard Munro (pictured), interim CEO at Commsave Credit Union, said: “As a member-owned financial co-operative, supporting our colleagues’ long-term financial wellbeing is fundamental to who we are.
“Today’s cost-of-living crisis is tomorrow’s pensions crisis, and we have a responsibility to ensure our team can retire with dignity.
“Our Living Pension commitment means our staff can have confidence they’re building adequate savings for their future, while we can have peace of mind that we’re doing the right thing by the people who make Commsave such a special place to work.”