Amendment of regulation 30
This section has no associated Policy Notes
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—
“Table 8
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%” |
(1)
Sub-paragraph (g) was inserted by S.S.I. 2021/102.
(2)
Table 7 was inserted by S.S.I. 2021/102.