Police pension contribution rates from 1 April 2014
Please find attached a letter from the Policing Minister in respect of the increase to pension contributions with effect from 1 April 2014.
The Minister has decided to implement the contribution rate increase in line with his proposal of 3 January. This means that from 1 April this year, members in the 1987 Police Pension Scheme will pay 14.25% in pension contributions. Members in the 2006 Police Pension Scheme earning a basic annual salary of less than £27,000 will pay 11% in contributions and those earning a basis annual salary over £27,000 will pay 12.05% in contributions.
A table explaining the impact (dependant on salary) is attached for information.