As a member of the FPS 1992, your contribution is based upon a banding arrangement.
The pensionable pay upon which contributions are assessed is the amount determined in relation to the duties of the role. If you are part time, contributions will be deducted on your part time pay.
The arrangement from 1 April 2017 to 31 March 2018 is as follows:
|Pensionable Pay Band||Contribution Rate|
|Up to and including £15,454||11.00%|
|More than £15,454 and up to and including £21,636||12.20%|
|More than £21,636 and up to and including £30,909||14.20%|
|More than £30,909 and up to and including £41,212||14.70%|
|More than £41,212 and up to and including £51,515||15.20%|
|More than £51,515 and up to and including £61,818||15.50%|
|More than £61,818 and up to and including £103,030||16.00%|
|More than £103,030 and up to and including £123,636||16.50%|
|More than £123,636||17.00%|