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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 2017/18
  Up to £16,528 5.2%
  £16,529 to £22,217 5.8%
  £22,218 to £27,634 7.3%
  £27,635 to £50,971 9.5%
  £50,972 to £72,770 12.7%
  £72,771 to £113,625 13.7%
  £113,626 and above 14.7%

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

 

 

 

Link to Scottish Government Website