Regulation 2.15 Maximum contributions

(1)

The member shall instruct the administrators in writing as to the level of contributions that he wishes to make.

(2)

A member’s contributions to the scheme is any tax year shall not exceed whichever is the smaller of (a) and (b) as set out in paragraph (3).

(3)

The amounts referred to in paragraph (2) are —

(a)

(i)

in the case of a single contribution by the member into the scheme, the amount determined by the scheme administrators which, if the member were to leave service immediately after making the payment, is likely to provide benefits equal to the limits set out in regulations 2.7 to 2.10 or 2.12 and 2.13 as appropriate; or

(ii)

in the case of an annual contribution, the amount determined by the scheme administrators which, if maintained at that level

(1)

in respect of members falling within regulation 2.2(1)(a) until the assumed retirement age, and

(2)

in respect of members falling within regulation 2.2(1)(b) until the member’s normal pension age,

is likely to provide benefits equal to the limits set out in regulations 2.7 to 2.10 or 2.12 and 2.13 as appropriate;
1. (b)
  1. (i)
    
    in respect of members falling within regulation 2.2(1)(a), that percentage of the member’s pensionable pay that is subject to tax under Schedule E under Part V of the 1988 Act which, together with any contributions made by the member to any other judicial pension scheme (including voluntary contributions schemes) will bring the total contributions to 15% of the pensionable pay; or
  2. (ii)
    
    in respect of members falling within regulation 2.2(1)(b), that percentage of the member’s total salary that is subject to tax under Schedule E under Part V of the 1988 Act which, together with any contributions made by the member to any other judicial pension scheme (including voluntary contributions schemes) will bring the total contributions to 15% of that salary.