APR
a rate that is the same for everyone:
Employees will contribute a flat rate of £15 monthly.

Examples of flat rate

flat rate
Electricity is charged at a flatrate per year.
Co-payments tend to be calculated in a way that combines a flatrate depending on the long-term care allowance and an income-related part.
All the major federal parties supported the prolongation of the flatrate tax.
For the elderly, the flatrate gradually increased, and in 2003, changed to an across-the-board 10% co-insurance rate.
Moreover, most benefits are paid at a flatrate.
The other impractical model was a universal tax-financed pension with a flatrate.
Since then the allowances are paid at a flatrate irrespective of income, though they rise with the number of children.
The effect of current plans for state pensions is to restore something closer to a flatrate state pension, but with significant complexity.
Until 1996, hospitals were reimbursed by health insurance at a flatrate payment per day, independent of diagnosis and therapy.
The flatrate was fixed at 5 shillings for men and 2s 6d for women.
Hendricks (1999, 2001) shows that the growth effects of flatrate taxes depend in important ways on intercohort persistence.
Running costs are calculated using the horsepower of the motor and the respective flatrate charged by the government and the annual repair charges in the reporting year.
Household expenditures on water-related services varied from 4 per cent to 11 per cent of monthly income as the utility raised the flatrate it charged neighborhoods.
The latter costs were paid at a flatrate, providing an incentive for cost control; at the same time, skimping on quality was checked through monitoring of standards of care.
There was a serious drawback to his proposal, however: a flatrate contribution was far too harsh on persons of low income, especially rural but also urban workers.
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