Regulation 3 Amendment of regulation 10

in paragraph (12)(d), after the table headed “Scheme Year 1st April 2018 to 31st March 2019 and Scheme Year 1st April 2019 to 31st March 2020” omit “; and”;

omit paragraph (12)(e);

after paragraph (12)(d) insert—

“(f)

in paragraph (8), for the table headed “Scheme Year 1st April 2020 to 31st March 2021” there was substituted—

“

Scheme Year 1st April 2020 to 31st March 2021 and subsequently

Annualised rate of pensionable earnings	Member contributions rate
Up to but not including £22,601	4.15%
£22,601 to but not including £54,901	5.00%
£54,901 to but not including £150,001	6.90%
£150,001 and above	7.60%

”;

(g)

after paragraph (8) there were inserted—

“(9)

The figures in column 1 of the table headed “Scheme Year 1st April 2020 to 31st March 2021 and subsequently” (except for the figure of £150,001) are to be increased on 1st April 2021 and on 1st April of each subsequent scheme year, if there is a relevant increase in the consumer prices index, by the appropriate percentage for the scheme year rounded up to the nearest £1.

(10)

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

(11)

The appropriate percentage for the scheme year is the same percentage as any percentage increase in the consumer prices index over the period specified by paragraph (10).

(12)

For the purposes of paragraphs (9) to (11), “consumer prices index” means the all items consumer prices index established by section 1 of the Statistics and Registration Service Act 2007^f2.

(13)

In respect of a member in a special post to whom regulation 43(4A)(a) applies, the member contributions rate is double the member contributions rate in the tables in paragraph (8) that would otherwise be applicable to them.”.”.