Important changes to contribution salary bands

The Department for Education have confirmed that as of 1 April 2017, the salary bands for member contributions for the Teachers’ Pension Scheme have changed in line with CPI (Consumer Price Index).

The appropriate percentage increase to salary bands from 1 April 2017 is the same percentage as the increase in CPI in the year to September 2016. CPI rose by 1% in the year to September 2016. Therefore, the salary bands for contribution rates for members have increased by 1% with effect from 1 April 2017.

Only the bands are changing, the contribution rates remain the same.

These changes apply to all members, irrespective of the scheme arrangement they’re in. The contribution rates and the changes from 1 April 2017 are shown below:

Annual Salary Rate for the Eligible Employment from 1 April 2015 – 31 March 2017 Annual Salary Rate for the Eligible Employment from 1 April 2017  Member Contribution Rate 
 Up to £25,999.99  Up to £26,259.99  7.4%
 £26,000 to £34,999.99  £26,260 to £35,349.99  8.6%
 £35,000 to £41,499.99  £35,350 to £41,914.99  9.6%
 £41,500 to £54,999.99  
£41,915 to £55,549.99		  10.2%
 £55,000 to £74,999.99  £55,550 to £75,749.99  11.3%
 £75,000 and above  £75,750 and above  11.7%
Last Updated: 29/08/2018 13:40