7. In regulation 30 (members’ contributions: employees)—
(a)after sub-paragraph (g)(1), insert—
“(h)from 1 April 2022 is the percentage specified in column 2 of Table 8 below in respect of the corresponding pensionable earnings band specified in column 1 into which M’s pensionable earnings fall,”, and
(b)after table 7(2), insert—
Column 1 Pensionable earnings band | Column 2 Contribution percentage rate |
---|---|
Up to £21,614 | 5.2% |
£21,615 - £25,981 | 5.8% |
£25,982 - £32,914 | 7.3% |
£32,915 - £66,017 | 9.5% |
£66,018 - £92,423 | 12.7% |
£92,424 - £123,147 | 13.7% |
£123,148 to any higher amount | 14.7%” |
Sub-paragraph (g) was inserted by S.S.I. 2021/102.
Table 7 was inserted by S.S.I. 2021/102.