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The National Health Service Pension Scheme (Amendment No.2) Regulations 2014

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PART 3Amendment of the National Health Service Pension Scheme Regulations 2008

Interpretation of Part 3

8.  In this Part, an alphanumerical reference to a regulation is a reference to a provision of the National Health Service Pension Scheme Regulations 2008(1) bearing that designation.

Amendment of regulation 2.A.1

9.  In the definition of “consumer prices index” in paragraph (1) of regulation 2.A.1 (interpretation: general)(2), omit “for the month of February immediately preceding a relevant year”.

Amendment of regulation 2.C.2

10.  For the table in paragraph (2A) of regulation 2.C.2 (contribution rate for members other than non-GP providers)(3), substitute—

Scheme Year 2014-2015

Column 1

Pensionable pay band

Column 2

Contribution percentage rate

Up to £15,4315%
£15,432 to £21,4775.6%
£21,478 to £26,8237.1%
£26,824 to £49,4729.3%
£49,473 to £70,63012.5%
£70,631 to £111,37613.5%
£111,377 to any higher amount14.5%.

Amendment of regulation 2.C.4

11.  For table 2 in paragraph (20) of regulation 2.C.4 (contribution rate and determination of pensionable earnings for non-GP providers)(4), substitute—

Table 2

Scheme Year 2014-2015

Column 1

Pensionable earnings band

Column 2

Contribution percentage rate

Up to £15,4315%
£15,432 to £21,4775.6%
£21,478 to £26,8237.1%
£26,824 to £49,4729.3%
£49,473 to £70,63012.5%
£70,631 to £111,37613.5%
£111,377 to any higher amount14.5%.

Amendment of regulation 2.J.9A

12.—(1) Regulation 2.J.9A (interest and administration charges: late paid contributions)(5) is amended as follows.

(2) In paragraph (1), after “2.C.1,” insert “2.C.4,”.

(3) For paragraph (7), substitute—

(7) In the case of arrears in respect of the scheme year 2014-2015 and subsequent years, the standard rate of interest is the aggregate of the percentage (if any) by which the consumer prices index for the February before the scheme year in which the chargeable event arose is higher than it was for the previous February plus 3%, compounded at annual intervals..

Amendment of regulation 2.M.3

13.—(1) Regulation 2.M.3 (approval applications)(6) is amended as follows.

(2) In sub-paragraph (h) of paragraph (3)—

(a)in paragraph (v), after “2.C.5” insert “, 2.C.6”;

(b)in paragraph (vii), for “employee” substitute “employees”.

(3) In paragraph (7), after “become” omit “an”.

Amendment of regulation 3.C.2

14.  For table 2 in paragraph (22) of regulation 3.C.2 (members’ contribution rate)(7), substitute—

Table 2

Scheme Year 2014-2015

Column 1

Pensionable earnings band

Column 2

Contribution percentage rate

Up to £15,4315%
£15,432 to £21,4775.6%
£21,478 to £26,8237.1%
£26,824 to £49,4729.3%
£49,473 to £70,63012.5%
£70,631 to £111,37613.5%
£111,377 to any higher amount14.5%.

Amendment of regulation 3.C.5

15.  After paragraph (18) of regulation 3.C.5 (payment of contributions)(8), insert—

(18A) Arrears of contributions that are due in accordance with paragraphs (11) to (16) of regulation 3.C.2 must be paid to the relevant host Board at the same time as the member is due to provide that Board with a certificate of pensionable earnings under regulation 3.J.14..

Amendment of regulation 3.J.9A

16.  For paragraph (7) of regulation 3.J.9A (interest and administration charges: late paid contributions)(9), substitute—

(7) In the case of arrears in respect of the scheme year 2014-2015 and subsequent years, the standard rate of interest is the aggregate of the percentage (if any) by which the consumer prices index for the February before the scheme year in which the chargeable event arose is higher than it was for the previous February plus 3%, compounded at annual intervals..

Amendment of regulation 3.J.14

17.—(1) Regulation 3.J.14 (employing authority and certain member record keeping and contribution estimates) is amended as follows.

(2) In paragraph (11)(10), before “the Secretary of State” insert “the host Board and”.

(3) In paragraph (13), for “The Secretary of State” substitute “The host Board and the Secretary of State”.

(2)

The definition of “consumer prices index” was inserted by regulation 20 of S.I. 2014/570.

(3)

Regulation 2.C.2(2A) was inserted by regulation 6 of S.I. 2013/1414 and the table substituted by regulation 25 of S.I. 2014/570.

(4)

Paragraph (2) was inserted by regulation 26 of S.I. 2014/570.

(5)

Regulation 2.J.9A was inserted by regulation 33 of S.I. 2014/570.

(6)

Regulation 2.M.3 was inserted by regulation 35 of S.I. 2014/570.

(7)

Paragraph (22) was inserted by regulation 42 of S.I. 2014/570.

(8)

Paragraph (18) was amended by regulation 63 of S.I. 2013/1414.

(9)

Regulation 3.J.9A was inserted by regulation 47 of S.I. 2014/570.

(10)

Paragraph (11) was amended by regulation 48 of S.I. 2014/570.

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