North Yorkshire Pension Fund
Contribution Rates
The rate of contributions is based on how much you are paid i.e. your actual pay. Your employer will decide the contribution rate for each job.
Here are the current employee contribution rates.
| Actual pensionable pay for employment | Contribution rate for that employment | |
|---|---|---|
| Main section | 50/50 section | |
| Up to £15,000 | 5.50% | 2.75% |
| £15,001 - £23,600 | 5.80% | 2.90% |
| £23,601 - £38,300 | 6.50% | 3.25% |
| £38,301 - £48,500 | 6.80% | 3.40% |
| £48,501 - £67,900 | 8.50% | 4.25% |
| £67,901 - £96,200 | 9.90% | 4.95% |
| £96,201 - £113,400 | 10.50% | 5.25% |
| £113,401 - £170,100 | 11.40% | 5.70% |
| £170,101 or more | 12.50% | 6.25% |