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The cost to you: Pay bands

Simply take your pensionable pay, and see which band it falls into in the table. This will show you the cost to you, as a percentage of that pay.

Rates from April 2019

Pay bands for the main pension scheme and 50/50 option
Band Yearly pay Main scheme 50/50 option
1 Up to £14,400 5.5% 2.75%
2 £14,401 - £22,500 5.8% 2.9%
3 £22,501 - £36,500 6.5% 3.25%
4 £36,501 - £46,200 6.8% 3.4%
5 £46,201 - £64,600 8.5% 4.25%
6 £64,601 - £91,500 9.9% 4.95%
7 £91,501 - £107,700 10.5% 5.25%
8 £107,701 - £161,500 11.4% 5.7%
9 £161,501 or more 12.5% 6.25%

Rates from April 2018

Pay bands for the main pension scheme and 50/50 option
Band Yearly pay Main scheme 50/50 option
1 Up to £14,100 5.5% 2.75%
2 £14,101 - £22,000 5.8% 2.9%
3 £22,001 - £35,700 6.5% 3.25%
4 £35,701 - £45,200 6.8% 3.4%
5 £45,201 - £63,100 8.5% 4.25%
6 £63,101 - £89,400 9.9% 4.95%
7 £89,401 - £105,200 10.5% 5.25%
8 £105,201 - £157,800 11.4% 5.7%
9 £157,801 or more 12.5% 6.25%

More about employer contributions

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