Back to glossary
Statutory

Pensionable pay (BHT)

Basic + Housing + Transport: the base pension is calculated on.

Pensionable pay is usually Basic + Housing + Transport (BHT). Pension contributions of 8% employee and 10% employer are calculated on this base, not on total gross, which is why getting the base right matters on every payslip.

Related terms

Help & how-to

See it in practice

See it applied to real payroll

Vintage People applies these statutory rules on every run, with a full audit trail.