To ask the Secretary of State for Health what the effect on his Department's expenditure would be of increasing the employee contribution to each pension scheme for which his Department is responsible by 1 per cent.; and if he will make a statement.
Increasing the member contribution for the NHS Pension Scheme by 1 per cent. across the board would yield approaching £330 million per annum to the scheme, based on a pensionable payroll of approaching £33 billion over the 12 months to
|Pensionable pay||Contribution rate ( percentage )|
|Up to and including £19,682||5|
|£19,683 to £65,002 (linked to Agenda for Change pay point 17)||6.5|
|£65,003 to £102,499 (linked to Agenda for Change pay point 49)||7.5|
|£102,500 to any higher amount||8.5|