21 March 2016
CHANGES TO NATIONAL INSURANCE THAT COULD AFFECT YOU
If you are a member of USS, Saul or NHS 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 are not a member of the pension scheme 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. We have provided FAQs on the NI changes and these are available below:
Further information on the new State Pension is available at www.gov/new-state-pension