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3.—(1) Regulation 30 (Members’ contributions: employees)(1) is amended as provided by paragraphs (2) to (4).
(2) In paragraph (3)—
(a)for “each scheme year from 2015/16” substitute “the scheme year 2022/23”;
(b)for the table in paragraph (3), substitute—
Column 1 Pensionable earnings band | Column 2 Contribution percentage rate |
---|---|
Up to £13,231 | 5.1% |
£13,232 to £15,431 | 5.7% |
£15,432 to £21,478 | 6.1% |
£21,479 to £22,548 | 6.8% |
£22,549 to £26,823 | 7.7% |
£26,824 to £27,779 | 8.8% |
£27,780 to £42,120 | 9.8% |
£42,121 to £47,845 | 10.0% |
£47,846 to £54,763 | 11.6% |
£54,764 to £70,630 | 12.5% |
£70,631 and above | 13.5%” |
(3) After paragraph (3), insert—
“(3A) Where paragraph 2A or 3 of Schedule 9 applies, M’s contribution rate for the scheme year 2022/23 is the percentage specified in column 2 of the following table in respect of the corresponding pensionable earnings band specified in column 1 into which M’s pensionable earnings fall.
Column 1 Pensionable earnings band | Column 2 Contribution percentage rate |
---|---|
Up to £13,231 | 5.1% |
£13,232 to £15,431 | 5.7% |
£15,432 to £21,478 | 6.1% |
£21,479 to £22,548 | 6.8% |
£22,549 to £26,823 | 7.7% |
£26,824 to £27,779 | 8.8% |
£27,780 to £42,120 | 9.8% |
£42,121 to £47,845 | 10.0% |
£47,846 to £54,763 | 11.6% |
£54,764 to £70,630 | 12.5% |
£70,631 and above | 13.5%” |
(4) In paragraph (4), for “Table” substitute “tables”.
Regulation 30 as amended by S.R. 2019 No.62, regulation 14+