3.5.4 The contributions you pay for members in these schemes are collectively known as Accruing Superannuation Liability Charges (ASLC). The Scheme Manager sets the ASLC rates based on advice from the Scheme Actuary. You pay a percentage based on the pay band the member falls into. The Scheme Actuary reviews the pay bands each year. We will tell you in an Employer Pension Notice (EPN) the salary bands and ASLC rates that will apply from the following April. Contribution percentages (usually) change less frequently.

Published:
21 December 2021
Last updated:
21 December 2021