We will contribute to the LGPS on your behalf, with our employer contribution to the scheme being determined at each triennial valuation of the Pension Fund by the appointed actuary. Our current contribution rate is an Fund’s amount equal to [enter percentage] of your pensionable pay. … % The contributions you personally make to the LGPS will be in accordance with the following table: England and Wales employee contribution tables for 2018/19 – Annual pensionable pay Employee Contribution rate Up to £14,100 5.5% £14,101 to £22,000 5.8% £22,001 to £35,700 6.5% £35,701 to £45,200 6.8% £45,201 to £63,100 8.5% £63,101 to £89,400 9.9% £89,401 to £105,200 10.5% £105,201 to £157,800 11.4% £157,801 or more 12.5% Notes: The annual pensionable pay bands will be increased annually in line with the cost of living. The contribution rates will be reviewed periodically and may change in the future. It is our policy to set contribution rates based on pensionable pay as at 1 April each year and not to make any changes during the year. So, even if your pensionable pay were to change during the year such that it fell into a different contribution band, your contribution rate would not change until re-assessment the following 1 April. [If the employer’s policy differs from this approach, please enter appropriate wording relating to your policy] Scotland employee contribution tables for 2018/19 – Contribution Actual Actual Contribution Actual Actual rate Pensionable Pensionable rate Pensionable Pensionable Pay Min Pay Max Pay Min Pay Max 5.50% Up to 21,926 8.40% 61,535 63,267 5.60% 21,927 23,296 8.50% 63,268 65,101 5.70% 23,297 24,850 8.60% 65,102 67,044 5.80% 24,851 26,377 8.70% 67,045 69,107 5.90% 26,378 27,411 8.80% 69,108 71,301
We will contribute to the LGPS on your behalf, with our employer contribution to the scheme being determined at each triennial valuation of the Pension Fund by the Fund’s appointed actuary. Our current contribution rate is an amount equal to … % [enter percentage] of your pensionable pay. The contributions you personally make to the LGPS will be in accordance with the following table: England and Wales – employee contribution tables for 2018/19 Annual pensionable pay Employee Contribution rate Up to £14,100 5.5% £14,101 to £22,000 5.8% £22,001 to £35,700 6.5% £35,701 to £45,200 6.8% £45,201 to £63,100 8.5% £63,101 to £89,400 9.9% £89,401 to £105,200 10.5% £105,201 to £157,800 11.4% £157,801 or more 12.5% Notes: The annual pensionable pay bands will be increased annually in line with the cost of living. The contribution rates will be reviewed periodically and may change in the future. It is our policy to set contribution rates based on pensionable pay as at 1 April each year and not to make any changes during the year. So, even if your pensionable pay were to change during the year such that it fell into a different contribution band, your contribution rate would not change until re-assessment the following 1 April. [If the employer’s policy differs from this approach, please enter appropriate wording relating to your policy] Scotland – employee contribution tables for 2018/19 Contribution rate Actual Pensionable Pay Min Actual Pensionable Pay Max Contribution rate Actual Pensionable Pay Min Actual Pensionable Pay Max 5.50% Up to 21,926 8.40% 61,535 63,267 5.60% 21,927 23,296 8.50% 63,268 65,101 5.70% 23,297 24,850 8.60% 65,102 67,044 5.80% 24,851 26,377 8.70% 67,045 69,107 5.90% 26,378 27,411 8.80% 69,108 71,301
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