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North Yorkshire Pension Fund Employer Contribution Rates

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North Yorkshire Pension Fund Employer Contribution Rates North Yorkshire Pension Fund Employer Contribution Rates Have you ever wondered how much your employer puts in to your pension pot for you? Well take a look below. The figures show the percentage of your pensionable pay that your employer contributes to the pension scheme each time that you get paid. Employer % of pay Archbishop Holgate's School 19.5 Askham Bryan College 17.8 Chartwells Compass 18.0 Churchill Security Solutions 22.5 City of York Council 18.0 Community Leisure Ltd 34.8 Craven College 14.8 Craven District Council 24.9 Craven Housing 16.4 Easingwold Town Council 21.9 Elite 19.2 Enterprise 14.5 Filey Town Council 21.9 Foss Internal Drainage Board 21.9 Fulford Parish Council 21.9 Future Cleaning Services Ltd 18.0 Glusburn Parish Council 21.9 Great Ayton Parish Council 21.9 Great Smeaton Primary School 14.1 Grosvenor Facilities Management 19.2 Hambleton District Council 17.7 Harrogate Borough Council 22.5 Harrogate Grammar School 19.1 Haxby Town Council 21.9 Human Support Group Ltd 15.3 Hunmanby Parish Council 21.9 Interserve Facilities Management Ltd 14.9 ISS Mediclean 19.2 Jacobs (UK) Ltd 14.3 Joseph Rowntree Charitable Trust 22.8 Kirkbymoorside Town Council 21.9 Knaresborough Town Council 21.9 Malton Town Council 21.9 Manor CE School 16.0 Marston Moor Internal Drainage Board 21.9 Mellors 19.2 North York Moors National Park 16.1 North Yorkshire Business and Education Partnership 53.6 North Yorkshire County Council 19.2 North Yorkshire Fire and Rescue Service 15.2 North Yorkshire Police and Crime Commissioner 14.9 Northallerton Town Council 21.9 Norton College 18.3 North Yorkshire Pension Fund – Pension Contribution Rates Norton on Derwent Town Council 21.9 Pickering Town Council 21.9 Riccall Parish Council 14.3 Richmond Town Council 21.9 Richmondshire District Council 21.9 Richmondshire Leisure Trust 15.5 Ringway 23.3 Ripon City Council 21.9 Ripon College 18.7 Rossett School 20.2 Ryedale District Council 20.2 Scarborough Borough Council 24.6 Scarborough Museums Trust 11.0 Scarborough Sixth Form College 15.7 Selby College 15.1 Selby District Council 22.4 Selby Town Council 21.9 Sheffield International Venues 14.3 Skipton Girls High School 21.5 Skipton Town Council 14.9 Springfield Home Care Services Ltd 18.0 St Aidan’s High School 19.7 Superclean 19.8 South Craven School 19.1 Sutton in Craven Parish Council 21.9 The Woodlands Academy 19.2 Thornton Internal Drainage Board 21.9 University of Hull 19.5 Veritau 9.9 Veritau North Yorkshire 14.2 Welcome to Yorkshire 27.4 Whitby Town Council 21.9 Wigan Leisure and Culture Trust 24.6 York & North Yorkshire Probation Trust 20.0 York Archaeological Trust Ltd 36.9 York College 16.0 York Museums and Galleries Trust 14.1 York St John University 16.6 Yorkshire Coast Homes Ltd. 14.9 Yorkshire Dales National Park 16.1 Yorkshire Housing Association 19.9 V3_May 2013 North Yorkshire Pension Fund – Pension Contribution Rates Almost all employers pay substantial sums into the Pension Fund and the amounts vary greatly. There are a number of reasons for this but the main ones are: Some employers decided to pay more money in to the Fund in previous years so they could reduce their payments later on. Some employers paid less in previous years which means their payments are now higher. Each employer joined the Pension Fund at a different time. Contributions are invested in financial markets (such as the London Stock Exchange) but if an employer joined the Fund when investments weren’t performing very well their contributions would have to be increased in later years to compensate. Some employers don’t let new employees join the LGPS which usually means they have to pay much more into the Pension Fund to pay off any deficit they may have. How does this compare to what you pay? Have a look at the table below. Contribution Bands effective from 1 April 2013 Band Your (full time equivalent) Salary Your Contribution Rate 1 £0 - £13,700 5.5% 2 £13,701 to £16,100 5.8% 3 £16,101 to £20,800 5.9% 4 £20,801 to £34,700 6.5% 5 £34,701 to £46,500 6.8% 6 £46,501 to £87,100 7.2% 7 > £87,100 7.5% V3_May 2013 .
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