C1C2PART 9CONTRIBUTIONS IN RESPECT OF SERVICE ON OR AFTER COMMENCEMENT DAY

Annotations:
Modifications etc. (not altering text)
C2

Pts. 1-11 restricted (10.3.2022 for specified purposes, 1.4.2022 in so far as not already in force) by Public Service Pensions and Judicial Offices Act 2022 (c. 7), ss. 90, 131(1)(2)(f)

Interpretation59

In this Part—

  • “fee year” means the period beginning with 1st April in any year and ending with the 31st March in the following year; and

  • “P” means an active member.

Liability to pay contributions on fees in respect of qualifying fee-paid days60

P must pay a contribution to the appropriate Minister on any fee paid to P in respect of a qualifying fee-paid day where the day is, or is after, the commencement day.

Qualifying fee-paid days disregarded if they do not add to reckonable service61

1

Regulation 60 does not require P to pay a contribution in respect of a qualifying fee-paid day worked in an eligible fee-paid judicial office if P's reckonable service in relation to that office would have been equal to or greater than the maximum amount in relation to that office, had P retired on the day before that day.

2

The reference in paragraph (1) to the maximum amount in relation to an office is to that amount as determined in accordance with regulation 5 (reckonable service).

Amount of contribution62

1

The amount of the contribution payable on a fee under regulation 60 is the sum of—

a

the personal benefits contribution, and

b

the dependants' benefits contribution.

2

The amount of the personal benefits contribution is the amount of the fee F3(see column 1 of the table) multiplied by the percentage specified in column 2 of the table in regulation 63 for the relevant fee year, in the row relating to P's annualised fees for that year.

3

The amount of the dependants' benefits contribution is the amount of the fee F4(see column 1 of the table) multiplied by the percentage specified in column 3 of the same row of the same table.

F23A

The figures in column 1 of the table in regulation 63 (except for the figures of £150,001) are increased on 1st April 2021 and on 1st April of each subsequent fee year, if there is a relevant increase in the consumer prices index, by the appropriate percentage for the fee year, rounded up to the nearest £1.

3B

There is a relevant increase in the consumer prices index for a fee year if the consumer prices index for the month of September before that fee year is higher than that for the previous September.

3C

The appropriate percentage for the fee year is the same percentage as the percentage increase in the consumer prices index.

4

P's annualised fees for the relevant fee year are determined in accordance with the following formula—

F × 365 Nmath

where—

  1. a

    F is the amount of the fee;

  2. b

    N is the number of days in the applicable payment period.

5

For the purposes of paragraph (4) the “applicable payment period” means—

a

where the qualifying fee-paid day in respect of which the fee is paid is the first qualifying fee-paid day to occur in the relevant fee year, the period—

i

beginning with the first day of the relevant fee year, and

ii

ending with the day before the qualifying fee-paid day;

b

where the qualifying fee-paid day in respect of which the fee is paid is the second, or a later, qualifying fee-paid day to occur in the relevant fee year, the period—

i

beginning with the most recent previous qualifying fee-paid day, and

ii

ending with the day before the qualifying fee-paid day.

6

If the relevant fee year is a leap year, the formula in paragraph (4) has effect as if for “365” there were substituted “ 366 ”.

7

In F6this regulation—

a

“consumer prices index” means the all items consumer prices index published by the Statistics Board, a body corporate established by section 1 of the Statistics and Registration Service Act 2007;

F5b

“the relevant fee year” means the fee year in which the qualifying fee-paid day in respect of which the fee is paid falls.

F1Contribution rates for fee years63

The table for the fee year 1st April 2020 to 31st March 2021 is—

Contributions table for fee year 1st April 2020 to 31st March 2021

Column 1

Annualised fees

Column 2

Contribution

(personal)

Column 3

Contribution

(dependants’)

Up to but not including £22,005

0.96%

1.80%

£22,005 to but not including

£52,392

1.47%

1.80%

£52,392 to but not including £150,001

2.61%

1.80%

£150,001 and above

4.43%

0%

Payment of contribution64

A contribution payable under this Part is to be paid by way of deduction from the fee to which it relates.