2022/2023 Employee pension contribution bandings confirmed

The 2022/2023 employee contribution bandings within the MAIN and 50/50 Sections of the LGPS have been confirmed and are detailed below. Your monthly pension contribution will be assessed by your employer based on the table below and applied from 1 April 2022.

Band

Salary Range

Contribution
Rate

MAIN Section

Contribution
Rate

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%

 

 

 

Published