The Firefighters' Pension Scheme (Wales) (Contributions) (Amendment) Order 2013
As required by section 34(5) of that Act, the Welsh Ministers consulted such persons as they considered appropriate before making the Order.
The Welsh Ministers make the following Order:
Title and commencement
1.
(1)
The title of this Order is the Firefighters' Pension Scheme (Wales) (Contributions) (Amendment) Order 2013.
(2)
This Order comes into force on 1 April 2013.
Amendment of the Firefighters' Pension Scheme (Wales) Order 2007
2.
3.
4.
“Pensionable pay
Contribution rate from 1 April 2013
Up to and including £15,000
8.5% of pensionable pay
More than £15,000 and up to and including £21,000
9.1% of pensionable pay
More than £21,000 and up to and including £30,000
9.6% of pensionable pay
More than £30,000 and up to and including £40,000
9.9% of pensionable pay
More than £40,000 and up to and including £50,000
10.1% of pensionable pay
More than £50,000 and up to and including £60,000
10.2% of pensionable pay
More than £60,000 and up to and including £100,000
10.5% of pensionable pay
More than £100,000 and up to and including £120,000
10.8% of pensionable pay
More than £120,000
11.1% of pensionable pay.”
This Order amends the New Firefighters' Pension Scheme (Wales) (“the Scheme”) set out in Schedule 1 to the Firefighters' Pension Scheme (Wales) Order 2007 (S.I. 2007/1072 (W.110)), with effect from 1 April 2013.
Article 3 inserts the word “percentage” to clarify the meaning of a provision amended by the Firefighters' Pension Scheme (Wales) (Contributions) (Amendment) Order 2012 (S.I. 2012/972 (W.127)).
Article 4 amends the Scheme to provide a different rate for pension contributions payable by members of the Scheme which increases according to the amount of pensionable pay which the member receives.
In addition, a new band of pensionable pay has been created so that those firefighters who earn more than £15,000 and up to and including £21,000 will pay a lower rate than those earning more than £21,000.
The Welsh Ministers' Code of Practice on the carrying out of Regulatory Impact Assessments was considered in relation to this Order. As a result, a regulatory impact assessment has been prepared as to the likely costs and benefits of complying with this Order. A copy can be obtained from the Fire and Armed Forces Branch, Welsh Government, Rhydycar, Merthyr Tydfil, CF48 1UZ or by calling 0300 062 8254.