Over state retirement age, the employee contribution is generally Nil
Class 1A (on relevant benefits)
12.8%
Nil
Class 1B (on PAYE settlement arrangement)
12.8%
Nil
Class 2 (Self employed)
£2.40 per week
Limit of net earnings for exception
£5,075 per annum
Class 3 (Voluntary)
£12.05 per week
Class 4* (Self employed on profits)
£5,715 to £43,875
8%
Excess over £43,875
1%
*Exemption applies if state retirement age was reached by 6 April 2010.
Note
For those earning between £102 per week and £770 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out salary related schemes, and employees a rebate of 1.6% for either scheme.
