My contributions
What are regular contributions?
Your contributions are deducted from your regular pay. If you are a subsidised member, or an unsubsidised member who started employment with a participating employer before 1 July 2007, the minimum contribution you can make is 1.5% of your gross base salary. If you started employment with a participating employer on or after 1 July 2007 and then joined SSRSS as an unsubsidised member, you need to contribute a minimum of 4% of your gross base salary. You can contribute more if you want to - there is no maximum. (To work out your contributions you can use the calculator on this website.)
What are voluntary contributions?
Voluntary contributions are contributions you make that are over and above those matched by your employer. They include lump sums. All contributions made by unsubsidised members are voluntary contributions. You can withdraw voluntary contributions at any time (subject to a maximum of two withdrawals per year and a minimum withdrawal amount).
Can I change my contributions?
You can increase or decrease your contributions up to twice a year, as long as after any decrease your contributions remain at or above 1.5% (or 4% if that is your minimum contribution rate) of your gross base salary.
You can also suspend your contributions up to twice per scheme year, either for a certain period or (if you started your employment before 1 July 2007) indefinitely. Your employer contributions will also cease during the period of suspension. You can start your contributions again whenever you like.
If you started employment with a participating employer on or after 1 July 2007, joined an SSRSS scheme and subsequently want to suspend your contributions, you must specify how long you want your contribution holiday to be. A contribution holiday may not be longer than five years, but you can roll it over for further periods of up to five years.
Click here for the Contribution Change Form (PDF-46KB).