Amendment of regulation D1
3.—(1) Regulation D1 (contributions by members) is amended as follows.
(2) For paragraph (1A), substitute—
“(1A) A member whose pensionable pay falls into a pay band specified in column 1 of the relevant table must contribute the percentage of the member’s pensionable pay specified in column 2 of that table in respect of that amount.”.
(3) For paragraph (2), substitute—
“(2) 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) In paragraph (2A), for “making a determination” substitute “determining those pensionable pay bands or contribution percentage rates”.
(5) After paragraph (2B)(b), add—
“(c)“the relevant table” means—
(i)in respect of the 2010-2011 scheme year, table 1 where paragraph (2C) applies and table 2 if paragraph (2Q), (2R) or (2V) applies;
(ii)in respect of the 2011-2012 scheme year, table 2.
Table 1
| 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% |
Table 2
| 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%.” |
(6) In paragraphs (2E) to (2R) and (2V), for “the table in paragraph (1A)” substitute “the relevant table in paragraph (2B)”.