Amendment of regulation 30
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—
“Table Scheme Year 2022/23
| 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.
Table Scheme Year 2022/23
| 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+