# The Judicial Pensions (Fee-Paid Judges) Regulations 2017, Regulation 128K: Annual contribution rate for added units of benefit for unretired FPJABS members


(1) The annual contribution rate for each added unit of benefit is determined in accordance with the following formula—
(A÷100B)×WSwhere—
A is the sum of the personal benefits and family benefits percentage figures set out in Schedule 4 on the assumed contribution commencement date, which correspond to the length of time between the assumed contribution commencement date and the assumed retirement date
B is the length of time referred to in the definition of A, in years and fractions of a year, subject to the limit on total contributions allowed in any one year by regulation 128I
For the purposes of this regulation, WS is to be determined as if references to the member’s retirement were instead references to the assumed contributions commencement date.
(2) For each part unit of added benefit purchased the cost is that determined in paragraph (1) multiplied by the appropriate decimal fraction, to a minimum of £0.01.

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Source: https://www.legislation.gov.uk/uksi/2017/522/regulation/128K (the official version)
Page: https://openlegislation.uk/judicial-pensions-fee-paid-judges-regulations-2017/regulation-128K
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.