Contribution arrears

Arrears of contributions can occur for a number of reasons, such as deferral of contributions during a period of leave without pay. Other reasons include a change in employment status (such as from part-time to full-time) or a delay in your employer adjusting contribution deductions from your salary after a pay increase.

Interest is payable on arrears and is calculated at the scheme's Fund Earning Rate, which is compounded annually. For more information, please refer to SSS Fact Sheet 22: Contribution arrears.