DRAFT employee contribution banding table from 1 April 2020

Publication date: 20/03/2020 12:02:04

DRAFT employee contribution banding table from 1 April 2020

In the table below you'll find the draft employee contribution bands which will apply from 1 April 2020. They're worked out by increasing the 2019/20 employee contribution bands by the September 2019 consumer price index (CPI) figure of 1.7% and then rounding down the result to the nearest £100. 

Action for employers: You must check member contribution rates every April in line with the new contribution rates. You may also wish to check them more often, such as when a member has a change in salary, but this is at your discretion and should be outlined in your discretions policy. Further information can be found on our member contributions webpage.

Draft contribution table England and Wales 2020/21

 

 

Categories: