Part 5Amendments to the National Health Service Pension Scheme Regulations 2015
Amendment of regulation 3021
1
Regulation 30 (members’ contributions: employees)21 is amended as follows.
2
In paragraph (3)—
a
for “year 2023/24”, substitute “years 2024/25 to 2027/28”
;
b
for the table, substitute—
Table Scheme Years 2024/25 to 2027/28
Column 1
Column 2
Pensionable earnings band
Contribution percentage rate
Up to £13,259
5.2%
£13,260 to £26,831
6.5%
£26,832 to £32,691
8.3%
£32,692 to £49,078
9.8%
£49,079 to £62,924
10.7%
£62,925 and above
12.5%.
3
In paragraph (3A)—
a
for “year 2023/24”, substitute “years 2024/25 to 2027/28”
;
b
for the table, substitute—
Table Scheme Years 2024/25 to 2027/28
Column 1
Column 2
Pensionable earnings band
Contribution percentage rate
Up to £13,259
5.2%
£13,260 to £26,831
6.5%
£26,832 to £32,691
8.3%
£32,692 to £49,078
9.8%
£49,079 to £62,924
10.7%
£62,925 and above
12.5%.
4
After paragraph (6), insert—
7
The figures in column 1 of the tables in paragraph (3) and (3A) (except the figures £13,259 and £13,260) are to be increased at the beginning of each scheme year starting with the scheme year 2025/26, and ending with (and including) scheme year 2027/28, if there is a relevant increase in the consumer prices index for that scheme year, by the appropriate percentage for the scheme year rounded up to the nearest £1.
8
For the purposes of paragraph (7)—
a
there is a relevant increase in the consumer prices index for a scheme year if the consumer prices index for the month of September before that scheme year is higher than that for the previous September;
b
the appropriate percentage for the scheme year is the same percentage as any percentage increase in the consumer prices index over the period specified by sub-paragraph (a);
c
the “consumer prices index” means the general index of consumer prices (for all items) published by the Statistics Board, a body corporate established by section 1 of the Statistics and Registration Service Act 200722;
d
where there is a relevant increase after 1st April 2025, the figures to be increased on the relevant date are the figures applicable to the previous scheme year.