Paying into your pension
The majority of members can choose to pay pension contributions up to the equivalent of their salary and get tax relief on those contributions. However, However, there are two main controls on the amount of tax-free pension savings a person can have – an Annual Allowance (AA) and a Lifetime Allowance (LTA).
For more information on Annual Allowance and Lifetime Allowance see the pensions and tax page and the booklet Your pension and tax*.
Getting your pension
When you start receiving your pension, it will be taxed in the same way as your salary, with income tax deducted at source by our pension payroll provider. You do not pay National Insurance contributions on your pension.
Death benefits and tax
For information on this you should refer to the leaflet Death benefits and tax – A guide for personal representatives.