TUC PensionsWatch: Pensions for bosses rise to £260,000 a year The most popular contribution rate towards a director's pension was 25pc of their salary. The wider workforce can normally expect a contribution rate of around 6pc. Workers saving into the National Employment Saving Trust (NEST) under auto-enrolment will receive an employer contribution of just three per cent. The scheme is currently being rolled out to all companies in an attempt to plug the huge retirement savings gap that will see millions of Britons retire in poverty unless averted. The TUC said the study showed bosses were "simply finding new ways of rewarding themselves" with the types of arrangement for directors "rarely available" to their workforce. Frances O'Grady, general secretary, said: "Britain's top bosses already enjoy a level of pay and bonuses beyond common decency. But not content with grabbing an ever larger slice of the UK's earnings pie, they are adding to the country's growing inequality with their platinum-plated pensions. As pensions are not performance-related there can be no justification for this stark divide in company pensions. Some directors are collecting millions while schemes are scaled back for ordinary staff. Company Contributions Director Sir Martin Sorrell Lloyds António Horta-Osório BHP Billiton Marius Kloppers Companies that have downgraded pension schemes for workers The report also highlighted further closures of final salary schemes and erosion of pension benefits, disclosed in the annual reports of companies. Kingfisher, the retailer behind B&Q, closed its final salary pension to new members last summer and Associated British Foods, which operates Primark, Allied Bakeries, Ovaltine and range of other brands, said workers could no longer accrue benefits from its final salary scheme. It opened up a new defined contribution scheme. Fund manager Schroders also did the same. Credit checking firm Experian switched to operates a defined contribution scheme for its entire workforce but with a contribution rate of 20pc reserved for its directors. EasyJet, in contrast, closed its defined benefit scheme to its directors and has offered the same basic 7pc contribution rate to its DC scheme for both its employees and members of the board.