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3.—(1) Regulation 10 (Contributions by members) is amended as provided by paragraphs (2) to (6).
(2) For paragraph (1A), substitute—
“(1A) A member whose superannuable pay falls into a pay band specified in column 1 of the relevant table must contribute the percentage of the member’s superannuable pay specified in column 2 of that table in respect of that amount.”.
(3) For paragraph (2), substitute—
“(2) The superannuable pay bands and contribution percentage rates shall be determined in accordance with the relevant table in respect of each scheme year.”.
(4) Omit paragraph (2A).
(5) After paragraph (2B)(b), add—
“(c)“relevant table” means—
(i)in respect of the 2010-2011 scheme year, table 1 where paragraph (2C) applies and table 2 if paragraph (2Q), (2R) or (2V) applies;
(ii)in respect of the 2011-2012 scheme year, table 2.
Column 1 | Column 2 |
---|---|
Superannuable Pay band | Contribution percentage rate |
Up to £20,709 | 5% |
£20,710 to £68,392 | 6.5% |
£68,393 to £107,846 | 7.5% |
£107,847 to any higher amount | 8.5% |
Column 1 | Column 2 | |
---|---|---|
Superannuable Pay band | Contribution percentage rate | |
Up to £21,175 | 5% | |
£21,176 to £69,931 | 6.5% | |
£69,932 to £110,273 | 7.5% | |
£110,274 to any higher amount | 8.5%.” |
(6) In paragraphs (2E) to (2R) and (2V), for “the table in paragraph (1A)” in each place substitute “the relevant table in paragraph (2B)”.
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