You are paid less - part 5
By Julia Charlton, Branch Chair, Northumbria University
From April 2016 there are legislative changes being introduced that may result in you paying higher National Insurance (NI) contributions. If you are a member of LGPS, TP or USS pension schemes then your National Insurance (NI) contributions will increase from April 2016. As an employee, youpay National Insurancecontributions if you earn more than £155 a week. The amount youpayis 10.6% to12% of your earnings above that limit up to £815 a week (for 2015 to 2016). The rate drops to 2% of your earnings over that amount. So for someone on top SL pay you lose all of your last pay rise and more. Members are telling UCU that the cost of living crisis is having a major impact on their ability to afford to continue in the sector.