Friday, 15 June 2012 07:19
Earlier consultations confirmed the Scottish Government's intention to introduce increases in average employee contribution rates to the NHS, Teachers, Police and Firefighters' pension schemes in Scotland, via new, tiered member contribution rates with effect from 1st April 2012.
The first consultation issued in October 2011 provided an explanation of the policy background to the new contribution rates and the subsequent consultation issued in December 2011 on draft regulations provided detail on the rates effective from 1st April 2012. The consultations also alerted employers to the need to prepare systems and processes so that the new rates are fully operational from that date.
Circulars providing details of the changes can be found by clicking the links below.