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Civil Service Partnership contribution rates
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civil12345
Posts: 186 Forumite
Hi, I'm a bit confused by the Civil Service Partnership employee contribution rates.
What will my employer pay?
Your employer will make a contribution as a
percentage of your
pensionable earnings
. This
varies according to your age as at the beginning
of the tax year (at the last 6 April) and so it may
increase in the future.
Apologies is that's formatted badly.
I turned 31 in July 2015. The bands are Under 31 (8% contribution) and 31 to 35 (9%). Does that mean the contribution will increase this year after 6 April, or next year?
What will my employer pay?
Your employer will make a contribution as a
percentage of your
pensionable earnings
. This
varies according to your age as at the beginning
of the tax year (at the last 6 April) and so it may
increase in the future.
Apologies is that's formatted badly.
I turned 31 in July 2015. The bands are Under 31 (8% contribution) and 31 to 35 (9%). Does that mean the contribution will increase this year after 6 April, or next year?
0
Comments
-
Your age at 5/4/16 will be 31. You will pay 9% thereafter.0
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