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The Judicial Pensions (Fee-Paid Judges) (Amendment) Regulations 2021

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Judicial Pensions (Fee-Paid Judges) (Amendment) Regulations 2021 No. 444

Calculation of personal contributions in respect of service before 1st April 2021

This section has no associated Explanatory Memorandum

7.  Subject to regulation 9 (qualifying fee-paid days disregarded if they do not add to reckonable service), the previous service personal contributions amount in relation to a new member is determined as follows—

Step 1

For each fee period, find the total of the fees paid to the new member in respect of qualifying fee-paid days falling within the period.

Step 2

For each fee period from 7th April 2000 to 31st March 2015, multiply the total found under Step 1 for that fee period by the percentage specified in relation to that fee period in column 2 of the contributions table in paragraph 1 of the Schedule (contributions tables).

For each fee period from 1st April 2015 to 31st March 2021, multiply the total found under Step 1 for that fee period by the percentage specified in column 2 of the relevant contributions table in paragraphs 2 to 6 of the Schedule for that fee period, in the row corresponding to the new member’s annualised fees for that fee period.

Step 3

Add together the amounts found under Step 2.

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