Skip to Main Content
Nilgosc


Councillor Contribution Rates

Your contribution rate depends on how much you are paid and will be between 5.5% and 10.5% of the pensionable allowances you receive.  The only allowances that are pensionable are the Basic Allowance and Special Responsibility Allowance.

The rates below apply from 1 April 2017 and the pay ranges are increased in line with cost of living every April.

 Pensionable Pay

Contribution Rate

£0 - £14,100
5.5%
£14,101 - £21,500
5.8%
£21,501 - £35,900
6.5%
£35,901 - £43,400 6.8%
£43,401 - £85,800 8.5% 
More than £85,800 10.5%

As a member of the Scheme, you will receive tax relief on your contributions.  You will also be contracted out of the State Second Pension Scheme (S2P).

Example:

Alice is paid £11,000 a year. 

She will pay 5.5% of her pay, making her monthly contribution approximately £50.


How much does the Council contribute?

The Council pays the balance of the cost of providing your benefits in the Scheme – this is normally a percentage of your pensionable pay.  Every three years an independent review is undertaken to calculate how much each Council should contribute.  The majority of Councils contribute a percentage contribution rate plus deficit recovery contributions. The percentage contribution rates for the next three years are:

 Year

Council Contribution Rate

2019/20 20%

2018/19

29%
2017/18

18%