Regulation 3 Rate of contributionsF1
United Kingdom
(1)
Contributions under—
(a)
section 8A of the 1960 Act;
(b)
section 33ZA of the 1981 Act, or
(c)
section 9A of the 1993 Act,
must be made as follows.
(2)
A person who, when their salary becomes due, has an annual salary of £150,000 or less must make contributions at a rate of 2.61% of their salary for the time being as it becomes due.
(3)
A person who, when their salary becomes due, has an annual salary of more than £150,000 must make contributions at a rate of—
(a)
2.61% of their salary up to and including £150,000, and
(b)
4.43% of their salary in excess of £150,000,
for the time being as it becomes due.
Annotations
Textual amendments
- F1
Reg. 3 substituted (5.2.2016) by The Judicial Pensions (Contributions) (Amendment) Regulations 2016 (S.I. 2016/30), regs. 1, 2(2)