PART 3BENEFITS FOR PRACTITIONERS ETC.

CHAPTER 3CONTRIBUTIONS

Basic contributions by members

Contributions by employing authorities: general162

F31

Each employing authority must contribute to the scheme, in respect of the pensionable earnings of each person who is an active member of the scheme in an employment with the authority, at the rate specified in paragraph (5) (“the employer’s standard rate”).

F12

In specifying such a rate, the Department must—

a

obtain the consent of the Department of Finance and Personnel; and

b

take account of the advice of F2this Section of the Scheme actuary and the cost of providing for any increase in pensions under the Scheme as a result of orders made under the provisions of the Pensions (Increase) Act (Northern Ireland) 1971 and Article 69 of the Social Security Pensions (Northern Ireland) Order 1975.

3

Any contributions payable under this regulation must be paid to the Department.

4

If for any period a person holds more than one employment with an employing authority in respect of which the person is an active member of F2this Section of the Scheme, this regulation applies in respect of each of those employments as if it were the only employment held.

F45

The employer’s standard rate is F522.5% .