| | CWPS rate changes from 5 August 2024 |
| Description | The standard contributions that you pay into your Construction Worker Pension Scheme for sick pay change from 5 August 2024.  TIP: You can update the CWPS rates automatically in your software.
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| Resolution | Standard weekly contributions | | Type | Employer contribution | Member contribution | Total | | Pension benefits | Gross | €30.82 | €20.57* | €51.39 | | Death in service benefits | Gross | €1.17 | €1.17* | €2.34 | | Sick pay | Nett | €2.37 | €0.63 | €3.00 | | Total | | €34.36 | €22.37 | €56.73 | *Contributions for pension and death in service benefits are made before PAYE is calculated. |
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