No rise in statutory rates for 2016-17
03 December 2015
The proposed 2016-17 statutory rates for adoption pay, maternity pay, paternity pay, shared parental pay and sick pay have been published and they are to remain the same as the 2015-16 rates.
The proposed benefit and pension rates 2016-17 are set out below:
|
|
2015-16 |
2016-17 |
|
Statutory Adoption Pay |
|
|
|
Earnings threshold |
£112.00 |
£112.00 |
|
Standard Rate |
£139.58 |
£139.58 |
|
|
||
|
Statutory Maternity Pay |
|
|
|
Earnings threshold |
£112.00 |
£112.00 |
|
Standard Rate |
£139.58 |
£139.58 |
|
|
||
|
Statutory Paternity Pay |
|
|
|
Earnings threshold |
£112.00 |
£112.00 |
|
Standard Rate |
£139.58 |
£139.58 |
|
Additional statutory paternity pay |
£139.58 |
£139.58 |
|
|
||
|
Statutory Shared Parental Pay |
|
|
|
Earnings threshold |
£112.00 |
£112.00 |
|
Standard Rate |
£139.58 |
£139.58 |
|
|
||
|
Statutory Sick Pay |
|
|
|
Earnings threshold |
£112.00 |
£112.00 |
|
Standard Rate |
£88.45 |
£88.45 |
The statutory payment recovery rates have not yet been confirmed by the Department for Work and Pensions.