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Family pay rates have increased

Statutory maternity, paternity, adoption and shared parental pay has now increased to £140.98.

Statutory maternity & pay

Statutory maternity pay (SMP) is payable at two different rates:

For the first six weeks, at the earnings-related rate, which is 90% of the employee's normal weekly earnings.
For the remaining 33 weeks, at either £140.98 or the earnings-related rate, whichever is lower.

Statutory paternity pay

Statutory paternity pay (SPP) is payable for up to two weeks at £140.98* or at the earnings-related rate (90% of the employee's normal weekly earnings), whichever is lower

*exclusions may apply

Statutory adoption pay

From 5 April 2015, as a result of section 124 of the Children and Families Act 2014, statutory adoption pay (SAP) is payable at two different rates:

For the first six weeks, at the earnings-related rate. This is 90% of the employee's normal weekly earnings.
For the remaining 33 weeks, at either £140.98 or the earnings-related rate, whichever is lower.

Shared parental pay

The number of weeks of Shared parental pay (ShPP) available to be shared between parents is 39 weeks less any weeks spent by the child's mother or adopter in receipt of SMP, MA or SAP. The weekly rate of ShPP is £140.98 and 90% of the normal weekly earnings of the person claiming ShPP.

This article is based on a report first published on the Practical Law website and is reproduced with the permission of Thomson Reuters.

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