If you lease a benefit bike through your employer with gross salary sacrifice, it may affect your pension and other benefits.
Pension: Your future pension may be slightly reduced, as the deduction reduces your pensionable income. How much it affects depends on your salary and pension plan. Some employers may adjust the occupational pension to compensate for the deduction.
Sickness and parental allowance: If your salary after deductions exceeds the income qualifying for sickness allowance, your sickness or parental allowance is not affected. If the salary falls below this level, benefits may be reduced.
We recommend that you contact your employer or pension advisor to get a better picture of how it affects you.