Employer contribution rates

Your employer 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 employer should contribute. The majority of employers contribute a percentage contribution rate and some employers have additional deficit recovery contributions.  The percentage contribution rates for the following three years are:

YearContribution Rate
2020/2119.5%
2021/2219.5%
2022/2319.5%