Last Updated: November 2025
Applies to: Employers & Employees on Metarelic People

Overview

On November 13, 2025, the National Insurance Scheme (NIS) announced upcoming parametric changes that take effect on January 1, 2026. These changes affect NIS contribution rates, pensionable age, and the minimum number of contributions required for retirement.

Metarelic People will automatically update all payroll calculations to ensure full compliance with the revised regulations.

1. Updated NIS Contribution Rates (Effective January 1, 2026)

The statutory contribution rate continues its scheduled annual increase.

What this means

• Employee pays a slightly higher deduction.

• Employer pays a higher share.

• Metarelic People will automatically calculate the new amounts.

2. Pensionable Age Adjustment

The pensionable age will gradually increase from 60 to 65.

Effective Jan 1, 2026:

• New pensionable age: 63 years

• Early retirement: Available from age 60

3. Required Contributions Increasing

The number of contributions required for retirement pension increases between 2024–2031.

For 2026:

• New minimum: 575 contributions

• Final target (2031): 750 contributions

4. How Metarelic People Handles These Changes

Metarelic People ensures seamless compliance by automatically:

• Updating NIS rates for January payroll

• Adjusting employer and employee contributions

• Applying revised rates to payslips

• Updating NIS reports and summaries

• Displaying updated values in payroll review screens

No manual action is required by employers.

FAQ

💬 Need Help?

If you have questions about how these changes affect your payroll, our team is here to help.