Contribution Bandings
The 2022/2023 employee contribution rates within the MAIN and 50/50 Sections of the LGPS are detailed below. These should be applied for the period from 1 April 2022 to 31 March 2023.
|
Band |
Salary Range |
Contribution MAIN Section |
Contribution 50/50 Section |
|
1 |
£0 to £15,000 |
5.5% |
2.75% |
|
2 |
£15,001 to £23,600 |
5.8% |
2.9% |
|
3 |
£23,601 to £38,300 |
6.5% |
3.25% |
|
4 |
£38,301 to £48,500 |
6.8% |
3.4% |
|
5 |
£48,501 to £67,900 |
8.5% |
4.25% |
|
6 |
£67,901 to £96,200 |
9.9% |
4.95% |
|
7 |
£96,201 to £113,400 |
10.5% |
5.25% |
|
8 |
£113,401 to £170,100 |
11.4% |
5.7% |
|
9 |
£170,101 or more |
12.5% |
6.25% |
Members must be part of the MAIN section before they can elect to opt into the 50/50 section of the Scheme.
It is the responsibility of the Scheme employer to assess the appropriate rate for each of their employees and for each post that their employees may hold in a reasonable and consistent manner. The employer must also notify their scheme members of any revision to their employee contribution rate.
Please note: A member is re-enrolled back into the MAIN section of the Scheme from the beginning of the pay period following the automatic re-enrolment date chosen by the employer. For example if your re-enrolment date is 1 October 2021 the member would be re-enrolled back into the MAIN section from 1 November 2021.