Regulation 30
This section has no associated Policy Notes
3. In regulation 30 (members’ contributions: employees), in paragraph (3)—
(a)after sub-paragraph (c), insert—
“;
(d)for the scheme year 2018/19 is the percentage specified in column 2 of Table 4 below in respect of the corresponding pensionable earnings band specified in column 1 into which M’s pensionable earnings fall.”; and
(b)after Table 3, insert—
“Table 4
Column 1 Pensionable earnings band | Column 2 Contribution percentage rate |
---|---|
Up to £16,928 | 5.2% |
£16,929 to £22,439 | 5.8% |
£22,440 to £27,910 | 7.3% |
£27,911 to £51,481 | 9.5% |
£51,482 to £73,498 | 12.7% |
£73,499 to £114,760 | 13.7% |
£114,761 and above | 14.7%” |