Employee contribution rates as of April 2024
Band | Actual pensionable pay | Main section contribution Rate | 50/50 section contribution Rate |
---|---|---|---|
1 | £0 to £17,600 | 5.5% | 2.75% |
2 | £17,601 to £27,600 | 5.8% | 2.90% |
3 | £27,601 to £44,900 | 6.5% | 3.25% |
4 | £44,901 to £56,800 | 6.8% | 3.40% |
5 | £56,801 to £79,700 | 8.5% | 4.25% |
6 | £79,701 to £112,900 | 9.9% | 4.95% |
7 | £112,901 to £133,100 | 10.5% | 5.25% |
8 | £133,101 to £199,700 | 11.4% | 5.70% |
9 | £199,701 or more | 12.5% | 6.25% |