The 2011/12 contribution pay bands have been reviewed in line with the cost of living. The contribution rate payable depends on the whole-time equivalent pay range as detailed in the table below:
Pensions Contribution Bands 2011-2012
|
Whole Time Pay Rate |
You pay contribution rate of: |
|
£0 to £12,900
|
5.5%
|
|
£12,901 to £15,100
|
5.8%
|
|
£15,001 to £19,400
|
5.9%
|
|
£19,401 to £32,400
|
6.5%
|
|
£32,401 to £43,300
|
6.8%
|
|
£43,301 to £81,100
|
7.2%
|
|
More than £81,100
|
7.5%
|
The band for members who are employed part-time is that for the whole-time equivalent employment but contributions are only paid on the actual pay received.
The pay ranges will be increased annually in line with the Pensions (Increase) Act (Northern Ireland) 1971.
Document below contains further information
