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Tax on Pension - Contributions back in 1970s ?

Discussion in 'Retirement' started by steamingbill, Feb 3, 2012.

  1. Hello

    Australian govt want to tax my wife's British Teachers Pension and want to know how much she conributed back in 1970s for the calculations.
    Teachers pension was later rolled into Uni pension (USS) so history is a bit convoluted.
    We havent got a clue but searching the web indicates she probably contributed 6% of salary.
    Does this sound correct ?

  2. Yes it does. I think it had been 6% for an awfully long time. Only recently changed.

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