PART 9Contributions

CHAPTER 2Members’ contributions

Members’ contributions

185.—(1) In each pay period for each eligible employment, an active member (P) must pay contributions (“members’ contributions”) on P’s pensionable earnings at a rate determined under this regulation (“members’ contributions rate”).

(2) The members’ contributions rate for each eligible employment is the percentage of P’s annual rate of pensionable earnings, in accordance with the definition in regulation 3, in that employment determined by reference to the table.

Table
Annual rate of pensionable earningsMembers’ contributions rate
Up to £14,9996.4%
£15,000 to £25,9997.2%
£26,000 to £31,9998.3%
£32,000 to £39,9999.5%
£40,000 to £44,9999.9%
£45,000 to £74,99911.0%
£75,000 to £99,99911.6%
£100,000 and above12.4%.