2013/14 Tiered Employee Superannuation Contributions: A reminder
All dental practitioners will have their 2013/14 employee tiered contribution rate based on their total certified NHS pensionable income in 2013/14. The rates are as follows:
Tier | Pensionable Pay in 2013/14 | Contribution Rate in 2013/14 |
1 | Up to £15,278.99 | 5.0% |
2 | £15,279.00 to £21,175.99 | 5.3% |
3 | £21, 176.00 to £26,557.99 | 6.8% |
4 | £26,558.00 to £48,982.99 | 9.0% |
5 | £48,983.00 to £69,931.99 | 11.3% |
6 | £69,932.00 to £110,273.99 | 12.3% |
7 | £110,274.00 and over | 13.3% |
NHS Dental Services (based in Eastbourne) will arrange for the appropriate tiered contributions to be applied to the majority of General Dental Practitioners (GDPs).
If a GDP is a new starter in year 2013/14 their aggregated pensionable earnings are scaled to a full year (i.e. annualised) for the purpose of setting a tier.
A part-time GDP’s actual pensionable pay is not converted to a whole-time equivalent for the purposes of setting a tier.