Employee contribution rates as of April 2023
Band | Actual pensionable pay | Main section chontribution Rate | 50/50 section contribution Rate |
---|---|---|---|
1 | £0 to £16,500 | 5.5% | 2.75% |
2 | £16,501 to £25,900 | 5.8% | 2.90% |
3 | £25,901 to £42,100 | 6.5% | 3.25% |
4 | £42,101 to £53,300 | 6.8% | 3.40% |
5 | £53,301 to £74,700 | 8.5% | 4.25% |
6 | £74,701 to £105,900 | 9.9% | 4.95% |
7 | £105,901 to £124,800 | 10.5% | 5.25% |
8 | £124,801 to £187,200 | 11.4% | 5.70% |
9 | £187,201 or more | 12.5% | 6.25% |