4.—(1) Regulation 31 (Members’ contributions: practitioners and non-GP providers)(1) is amended as provided by paragraphs (2) to (5).
(2) For paragraph (3) substitute —
(3) “M’s contribution rate for the scheme year in question is the percentage specified in column 2 of the relevant table in paragraph (9) in respect of the corresponding pensionable earnings band specified in column 1 of the relevant Table into which the M’s pensionable earnings fall.”
(4) In paragraph (4), for “the Table” substitute “paragraph (9)”.
(5) For paragraph (9) substitute—
“(9) For the purposes of this regulation “the relevant table” means—
(a)in respect of each scheme year from 2015/16 to 2021/22, Table 1;
(b)in respect of scheme year 2022/23, Table 2.
Column 1 Pensionable earnings band | Column 2 Contribution percentage rate |
---|---|
Up to £15,431 | 5.0% |
£15,432 to £21,477 | 5.6% |
£21,478 to £26,823 | 7.1% |
£26,824 to £47,845 | 9.3% |
£47,846 to £70,630 | 12.5% |
£70,631 to £111,376 | 13.5% |
£111,377 to any higher amount | 14.5% |
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%” |
(6) In paragraph (10), for “the Table” substitute “the relevant table”.
Commencement Information
I1Reg. 4 in operation at 1.11.2022, see reg. 1(2)
Regulation 31 as amended by S.R. 2019 No.62, regulation 15