11. For regulation 2.C.2 (members’ contribution rate), substitute—
2.C.2—(1) Contributions under regulation 2.C.1(1)(a) must be paid at the member’s contribution rate for the scheme year in question.
(2) A member’s contribution rate is the percentage specified in column 2 of the relevant table in respect of the corresponding pensionable pay band specified in column 1 of that table into which the member’s pensionable pay falls.
(3) The Secretary of State shall, with the consent of the Treasury, determine the pensionable pay bands and contribution percentage rates specified in the relevant table in respect of each scheme year.
(4) Before determining those pensionable pay bands or contribution percentage rates, the Secretary of State must consider—
(a)the advice of the Scheme Actuary, and
(b)in accordance with regulation 1.B.2 (cost sharing), advice from such employee and employer representatives as the Secretary of State considers appropriate.
(5) For the purposes of this regulation “the relevant table” means—
(a)in respect of the 2010-2011 scheme year, table 1 where paragraph (2) of regulation 2.C.3 applies and table 2 if paragraph (16), (17) or (21) of that regulation applies;
(b)in respect of the 2011-2012 scheme year, table 2.
| Column 1 | Column 2 | ||
|---|---|---|---|
| Pensionable Pay band | Contribution percentage rate | ||
| Up to £20,709 | 5% | ||
| £20,710 to £68,392 | 6.5% | ||
| £68,393 to £107,846 | 7.5% | ||
| £107,847 to any higher amount | 8.5% |
| Column 1 | Column 2 | |
|---|---|---|
| Pensionable Pay band | Contribution percentage rate | |
| Up to £21,175 | 5% | |
| £21,176 to £69,931 | 6.5% | |
| £69,932 to £110,273 | 7.5% | |
| £110,274 to any higher amount | 8.5%.” |