Student loans and pensions

Shakin_Steve

_shel said:

sapacademy2007 said:

Good move of clearing loan. 
It depends on your school.

 WRONG answer 
 has nothing to do with the "school" 

 you know this is A uk forum 

Correct. Depending upon what you earn, you pay a percentage of your wages.....the more you earn, the more you pay. Student loan deductions have no bearing.

Annual Salary Rate for the Eligible Employment from 1 April 2019	Annual Salary Rate for the Eligible Employment from 1 April 2020	Member Contribution Rate
Up to £27,697.99	Up to 28,168.99	7.4%
£27,698 to £37,284.99	£28,169 to £37,918.99	8.6%
£37,285 to £44,208.99	£37,919 to £44,960.99	9.6%
£44,209 to £58,590.99	£44,961 to £59,587.99	10.2%
£58,591 to £79,895.99	£59,588 to £81,254.99	11.3%
£79,896 and above	£81,255 and above	11.7%