Pension Contributions
The Teachers' Pension Scheme
When you're a member of the Teachers' Pension Scheme you will pay a contribution at a rate that is dependant on how much you earn. The rates are shown in the table below:
| Lower Salary | Higher Salary | Contribution rate |
|---|---|---|
| Up to | £14,999 | 6.4% |
| £15,000 | £25,999 | 7.2% |
| £26,000 | £31,999 | 8.3% |
| £32,000 | £39,999 | 9.5% |
| £40,000 | £44,999 | 9.9% |
| £45,000 | £74,999 | 11.0% |
| £75,000 | £99,999 | 11.6% |
| £100,000 + | 12.4% |
Your employer will contribute 15%.
