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.