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What do I pay?

coinsAs a scheme member you pay a contribution towards your pension based upon your pensionable pay.  Your NHS Employer also pays a contribution.

Member Contribution rates range from 5.2% for the lowest earners to 14.7% for the highest earners.  The thresholds at which the rates change are linked to nationally agreed pay rates at set levels.

Pensionable pay (whole time equivalent) paid in 2017-18

Contribution rate 2018/19
  Up to £16,928 5.2%
  £16,929 to £22,439 5.8%
  £22,440 to £27,910 7.3%
  £27,911 to £51,481 9.5%
  £51,482 to £73,498 12.7%
  £73,499 to £114,760 13.7%
  £114,761 and above 14.7%

Your employer contributes an amount equal to 14.9% of your pensionable pay.

 

 

 

Link to Scottish Government Website