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New pension contribution rates from 1 April 2024 to 31 March 2025

April 9, 2024

Please see below new pension contribution rates from 1 April 2024 to 31 March 2025:

Pensionable salary range Contribution rates from 1 April 2024, based on actual annual pensionable pay
Up to £13,259 5.2%
£13,260 to £26,831 6.5%
£26,832 to £32,691 8.3%
£32,692 to £49,078 9.8%
£49,079 to £62,924 10.7%
£62,925 and above 12.5%

For more information regarding pensions at SWB, please email deso.kaur@nhs.net.