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The Judicial Pensions Regulations (Northern Ireland) 2015

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The Judicial Pensions Regulations (Northern Ireland) 2015, Paragraph 10 is up to date with all changes known to be in force on or before 26 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Member's option to make periodical payments for added pensionN.I.

10.—(1) An option notice must specify—

(a)the periodical payment period; and

(b)the amount of the periodical payment to be deducted by the member's employer from the member's pensionable earnings in each pay period.

(2) The amount of the periodical payment may be expressed as—

(a)a percentage of the member's pensionable earnings; or

(b)a fixed sum.

(3) The amount of the periodical payment must not be less than any minimum amount determined by the scheme manager.

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