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 2020 to 31 March 2021 is as follows:
|Your Pensionable Pay Band||Your Contribution Rate|
|Up to and including £15,609||11.00%|
|More than £15,609 and up to and including £21,852||12.20%|
|More than £21,852 and up to and including £31,218||14.20%|
|More than £31,218 and up to and including £41,624||14.70%|
|More than £41,624 and up to and including £52,030||15.20%|
|More than £52,030 and up to and including £62,436||15.50%|
|More than £62,436 and up to and including £104,060||16.00%|
|More than £104,060 and up to and including £124,872||16.50%|
|More than £124,872||17.00%|