Can I pay less?

What is the 50/50 section?

The 50/50 section allows you to reduce your contributions by half, and in return build up half your normal pension benefits. You can't move to the 50/50 section until after you have started your job and joined the main scheme.

If you have more than one job you can choose to go into the 50/50 section in one, some, or all of your jobs. A form to join this section must be filled in and sent to your employer.

The contribution rates for 2022/2023 are shown below. The contributions calculator on the national LGPS website can work out your contributions to the 50/50 section for you.

If your pay is:

Main section contribution rate: 

50/50 section contribution rate:

Up to £15,000

5.50%

2.75%

£15,001 to £23,600

5.80%

2.90%

£23,601 to £38,300

6.50%

3.25%

£38,301 to £48,500

6.80%

3.40%

£48,501 to £67,900

8.50%

4.25%

£67,901 to £96,200

9.90%

4.95%

£96,201 to £113,400

10.50%

5.25%

£113,401 to £170,100

11.40%

5.70%

£170.101 or more

12.50%

6.25%