# The Judicial Pensions (Additional Voluntary Contributions) Regulations 1995, Regulation 4.8: Manner of making contributions into the JABS


(1) Regulations 4.6(1) to (3) and 4.6(6) shall apply to the JABS except that for references to “added years” there shall be substituted references to “added units of benefit”, for the reference to “the JAYS” there shall be substituted a reference to “the JABS” and for references to “the assumed retirement age” there shall be substituted references to“his normal pension age”.
(2) The rate of contribution for each added unit of benefit shall be calculated, to two decimal places, in accordance with the formula (A/B) × annual salary where —
(i) A is the sum of the personal benefits and family benefits percentage figures set out in the appropriate table in Schedule 3 which correspond to the length of time between the date agreed under regulation 4.6(3) and the member’s normal pension age; and
(ii) B is the length of time referred to in sub-paragraph (i) in years and days (expressed in years and fractions of a year to four decimal places),
subject to the limit on total contributions allowed in any one year by regulation 4.9(3),
(3) For each part unit of benefit purchased the rate shall be that determined in paragraph (2) multiplied by the appropriate decimal fraction (to four decimal places), to a minimum of 0.01%.
(4) Schedule 4 to these Regulations shall apply for the purposes of determining which of the tables in Schedule 3 is appropriate to the member.

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Source: https://www.legislation.gov.uk/uksi/1995/639/regulation/4.8 (the official version)
Page: https://openlegislation.uk/judicial-pensions-additional-voluntary-contributions-regulations-1995/regulation-4.8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.