Amendment of regulation 30
This section has no associated Policy Notes
11. In regulation 30 (members’ contributions: employees), in paragraph (3)—
(a)at the end of sub-paragraph (e)(1), insert—
“;
(f)for the scheme year 2020/21 is the percentage specified in column 2 of Table 6 below in respect of the corresponding pensionable earnings band specified in column 1 into which M’s pensionable earnings fall”, and
(b)after Table 5(2), insert—
“Table 6
Column 1 Pensionable earnings band | Column 2 Contribution percentage rate |
---|---|
Up to £18,936 | 5.2% |
£18,937 - £23,228 | 5.8% |
£23,229 - £28,891 | 7.3% |
£28,892 - £56,266 | 9.5% |
£56,267 - £79,801 | 12.7% |
£79,802 - £117,960 | 13.7% |
£117,961 to any higher amount | 14.7%” |
(1)
Inserted by SSI 2019/46, regulation 13.
(2)
Table 5 was inserted by regulation 13 of S.S.I. 2019/46.