Increase in Employee Pension Contributions

As from April 1st 2013 the following increases to employee pension contributions will apply.

Full Time Equivalentpensionable pay

Contribution

rate

2012/13

Contribution

rate

2013/14

Contribution rateincrease against

2012/13

Up to £14,999
6.4%
6.4%
0%
£15,000 to £25,999
7.0%
7.0%
0%
£26,000 to £31,999
7.3%
7.9%
0.6%
£32,000 to £39,999
7.6%
8.8%
1.2%
£40,000 to £44,999
8.0%
9.2%
1.2%
£45,000 to £74,999
8.0%
10.1%
2.1%
£75,000 to £99,999
8.4%
10.6%
2.2%
£100,000 and above
8.4-8.8%
11.2%
2.4-2.8%

Annual Pay Negotiations

There is still no agreement on annual pay increases for teachers. Negotiations continue.

Published on 23 April 2013 - Pensions
SSTA

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info@ssta.org.uk

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