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3. Regulation C3 (Ordinary contributions) is amended by inserting in sub paragraph (2)(b) after “1st April 2007”—
“and ending 31st March 2012—
(bb)between 1st April 2012 and 31st March 2013—
(i)for each month during which the employee is in full-time pensionable employment, the rate set out in the table which is applicable to the employee’s annual contributable salary rate for that month; and
(ii)for each month during which the employee is in part-time pensionable employment, the rate set out in the table which is applicable to the full‑time equivalent of the employee’s annual contributable salary for that month;
Full-time equivalent contributable salary band £ | Contribution Rate from 1st April 2012 to 31st March 2013 |
---|---|
Below £15,000 15,000 to 25,999 26,000 to 31,999 32,000 to 39,999 40,000 to 74,999 75,000 to 111,999 112,000 and above | 6.4% 7.0% 7.3% 7.6% 8.0% 8.4% 8.8%” |
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