Amendment of regulation D1
This
adran has no associated
Memorandwm Esboniadol
7.—(1) Regulation D1 (contributions by members)(1) is amended as follows.
(2) For the table in paragraph (1A), substitute—
“Scheme Year 2013-2014
Column 1 Pensionable Pay band | Column 2 Contribution percentage rate |
|---|---|
| Up to £15,278 | 5% |
| £15,279 to £21,175 | 5.3% |
| £21,176 to £26,557 | 6.8% |
| £26,558 to £48,982 | 9% |
| £48,983 to £69,931 | 11.3% |
| £69,932 to £110,273 | 12.3% |
| £110,274 to any higher amount | 13.3%”. |
(3) For paragraph (2A) substitute—
“(2A) Before determining those pensionable pay bands or contribution percentage rates under paragraph (2), the Secretary of State must consider the advice of the Scheme Actuary.”.
(1)
Paragraph (2A) was substituted by S.I. 2009/381, regulation 4 and amended by S.I. 2010/1634, regulations 2, 3(1), (4).