CIPP Payroll Reference Book 2021-22_v1_210701_MemberOnly

PART 4: STATUTORY PAYMENTS

2013

115.30

183.90

60

40

10,000

10,000

2014

120.35

192.00

60

40

10,000

10,000

2015 COPYRIGHT © 2021 THE CHARTERED INSTITUTE OF PAYROLL PROFESSIONALS 126.50 201.80 60 40 10,000 10,000 2016 133.82 212.97 60 40 10,000 10,000 2017 137.35 218.42 60 40 10,000 10,000 2018 140.67 223.82 60 40 10,000 10,000 2019 144.38 229.67 60 40 10,000 10,000 2020 150.47 239.17 60 40 10,000 10,000 2021 153.70 244.12 60 40 10,000 10,000 Maximum Weekly Savings Credit from 12th April 2004 Date from Single Couple Date from Single Couple £ £ £ £ 2004 15.51 20.22 2013 18.06 22.89

2005

16.44

21.51

2014

16.80

20.70

2006

17.88

23.58

2015

14.82

17.43

2007

19.05

25.26

2016

13.07

14.74

19.71 No printing, copying or reproduction permitted. 26.13 2017 13.20 20.40 27.03 2018 13.40 20.52 27.09 2019 13.73 20.52 27.09 2020 13.97 18.54 23.73 2021 14.04

2008

14.90

2009

14.99

2010

15.35

2011

15.62

2012

15.71

Entitlement once calculated will normally, and following any re-assessment, run for a period of 5 years during which there will be no requirement to report changes in income other than significant life events or changes in the composition of the pensioner’s household. A claimant may request an interim re-assessment where there is a decrease in their personal retirement provision.

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