NHS: Workplace Pensions
(asked on 26th February 2025) - View Source
Question to the Department of Health and Social Care:
To ask His Majesty's Government what percentage of funding for the NHS is spent on pensions.
This question was answered on 10th March 2025
For 2023/24 we estimate that National Health Service employer contributions are some 7% of total NHS funding. As of 1 April 2024, the NHS employer pension contribution rate rose to 23.7% from 20.68%. In addition, NHS employees pay between 5.2% and 12.5% of their earnings.