Hampshire Pension Services

Administering the Local Government Pension Scheme, Police and Fire schemes

Contribution examples

Example 1

Sarah works part time as a teaching assistant

Her annual pensionable pay is £12,000

Her gross contribution rate will be 5.5% (£55 a month)

Her actual contribution rate after tax relief will be 4.4% (£44 a month)

 

Example 2

Ben works Full time as a team manager

His annual pensionable pay is £25,000

His gross contribution rate will be 6.5% (£135.42)

His actual contribution rate after tax relief will be 5.2% (£108.34 a month)

 

Example 3

Sarah works Full Time as a Department Head

Her annual pensionable pay is £80,000

Her gross contribution rate will be 9.9% (£660 a month)

Her actual contribution rate after tax will be 5.94% (£396 a month)