Contribution rates

How much you and your employer will pay towards your pension

The following contributions rates apply for members of the classic, classic plus, premium, nuvos and alpha pension schemes.

There are no changes to the partnership pension employer rates at this time and the mini-ASLC will remain at 0.5%.

The figures in brackets show the 2024/25 salary thresholds where a threshold has changed.

Annual Pensionable earnings	Member contribution rate
£0 - £36,199 (£34,799)	4.6%
£36,200 (£34,800) - £56,000	5.45%
£56,001 - £150,000	7.35%
£150,001+	8.05%

The figures in brackets show the 2024/25 salary thresholds where a threshold has changed.

Annual Pensionable earnings	Member contribution rate
£0 - £34,799 (£34,199)	4.6%
£34,800 (£34,200) - £56,000	5.45%
£56,001 - £150,000	7.35%
£150,001+	8.05%

The figures in brackets show the 2024/25 salary thresholds where a threshold has changed.

Mini-ASLCs for partnership are 0.5%, regardless of salary band.

If you’re looking for further information on Employer Contributions, please visit our dedicated employer page.

Annual Pensionable earnings	Member contribution rate
£0 - £34,199	4.6%
£34,200 - £56,000	5.45%
£56,001 - £150,000	7.35%
£150,001+	8.05%

Annual Pensionable earnings	Member contribution rate
£0 - £32,000	4.6%
£32,001- £56,000	5.45%
£56,001 - £150,000	7.35%
£150,001+	8.05%

Annual Pensionable earnings	Member contribution rate
£0 - £23,100	4.6%
£23,101- £56,000	5.45%
£56,001 - £150,000	7.35%
£150,001+	8.05%

We’ve collated past contribution rates pre 2021 in a PDF format and linked below for you to reference back to if needed.