We would suggest that employers use the portion of employer contributions they have paid to calculate their participation. The total employer contributions received for the NHS Scotland scheme in the year to 31 March 2018 were £768.7 million (see note 3 in the scheme accounts). Contributions collected in the year to 31 March 2019 will be published in October 2019.
(a) The (name of body) participates in the NHS Pension Scheme (Scotland). The scheme is an unfunded statutory public service pension scheme with benefits underwritten by the UK Government. The scheme is financed by payments from employers and from those current employees who are members of the scheme and paying contributions at progressively higher marginal rates based on pensionable pay, as specified in the regulations. The rate of employer contributions is set with reference to a funding valuation undertaken by the scheme actuary. The last four-yearly valuation was undertaken as at 31 March 2012. The next valuation will be as at 31 March 2016 and this will set contribution rates from 1 April 2019.
(iii) The employer contribution rate for the period from 1 April 2015 was 14.9% of pensionable pay. While the employee rate applied is a variable it will provide an actuarial yield of 9.8% of pensionable pay.