To work with your payroll provider to ensure that the updated member contribution table will come into effect from 1 April 2025.
To consider communicating the changes to your employees.
Timing
You should commence work immediately with your payroll provider about preparations to implement the new table with effect from 1 April 2025
Detail
EPN676 confirmed that the Cabinet Office completed a consultation with member representatives in respect of member contributions from 1 April 2023.
As part of those consultations it was agreed that the lowest salary threshold would be increased in line with the September CPI increase in April 2025.
The Member contribution rates and salary thresholds from 1 April 2025 are set out in the table below.
Member contribution rates are unchanged.
Table 1 - Member pension contribution rates for 2025/2026
The figures in brackets show the 2024/25 salary thresholds where a threshold has changed.
Annualised rate of pensionable earnings
Member/ Employee contribution rate
From
To
£0
£34,799 (£34,199)
4.60%
£34,800 (£34,200)
£56,000
5.45%
£56,001
£150,000
7.35%
£150,001
-
8.05%
The above contribution rates will apply until further notice.
Employer contribution rates from 1 April 2024 were confirmed in EPN698 and will be effective until 1 April 2027.
Contacts
If you have a question about the distribution of EPNs, or would like to receive them in a different format, please contact EPN@MyCSP.co.uk.
You can find electronic copies of the Employers’ Pension Guide, all current EPNs and forms on our website.
This notice is for employers and should not be issued to scheme members.
If members have a question about their pension they can find information at:
