Changes to National Insurance Contributions

Tue, 01 Mar 2016 11:36:00 GMT

If you’re a member of TPS, WYPF or USS your National Insurance (NI) contributions will increase from April 2016.

Paying higher NI will reduce your monthly income.

Your employer’s NI contributions in respect of your employment will also increase.

If you’re not a member of the pension schemes listed above your NI contributions will not be affected.

Changes to your NI are due to the Government introducing a new single tier State Pension.

This is designed to be fairer and simpler to understand.

The HR department has provided FAQs on the NI changes and these are available on the HR website

Further information on the new State Pension is available on the Government website 

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