Amendments to the Teachers’ Pensions Regulations 20105.
(1)
Schedule 3 (employees’ and employers’ contributions) is amended in accordance with paragraphs (2) and (3).
(2)
Omit paragraph 1;
(3)
In paragraph 2—
(a)
in sub-paragraph (1) omit “unless paragraph 3 applies”;
(b)
in sub-paragraph (2) —
(i)
omit the words “for the initial contribution period”;
(ii)
for the table substitute—
“Table
Annual contributable salary
Rate
Up to £14,999
6.4%
£15,000 to £25,999
7.0%
£26,000 to £31,999
7.9%
£32,000 to £39,999
8.8%
£40,000 to £44,999
9.2%
£45,000 to £74,999
10.1%
£75,000 to £99,999
10.6%
£100,000 and above
11.2%”.
(c)
omit sub-paragraph (3);
(d)
omit paragraph 3;
(e)
in paragraph 4—
(i)
in sub-paragraph (2) omit “for the initial contribution period”; and
(ii)
omit sub-paragraphs (3) to (8);
(f)
omit paragraph 5.