Contribution bands increase

As the rate of the Consumer Price Index (CPI) rose by 3.1% in the year to September 2020, the salary bands for contribution rates for members will increase by 3.1% (rounded to nearest £1) with effect from 1 April 2022.

The rates as of 1 April 2022 will be:

Annual Salary Rate for the Eligible Employment from 1 April 2021  Annual Salary Rate for the Eligible Employment from 1 April 2022

Member Contribution Rate 

Up to £28309.99 Up to £29,187.99

 7.4%

£28,310 to £38,108.99 £29,188 to £39,290.99

 8.6%

£38,109 to £45,185.99

£39,291 to £46,586.99

 9.6%

£45,186 to £59,885.99 £46,587 to £61,742.99

 10.2%

£59,886 to £81,661.99 £61,743 to £84,193.99

 11.3%

£81,662 and above £84,194 and above

 11.7%

Last Updated: 02/02/2022 14:16