Regulation 5 Amendment of the Benefits RegulationsI1
England, Wales and Scotland
In regulation 3 (contributions payable by active members) —
for paragraph (2), substitute—
“(2)Subject to paragraph (4) the annual contribution rate to be applied to a person who becomes an active member is determined by his employing authority at the commencement of his membership on the basis of his pensionable pay in accordance with the following table.
Band Range Contribution rate 1 £0 to £12,000 5.5% 2 £12,001 to £14,000 5.8% 3 £14,001 to £18,000 5.9% 4 £18,001 to £30,000 6.5% 5 £30,001 to £40,000 6.8% 6 £40,001 to £75,000 7.2% 7 More than £75,000 7.5% ”
for paragraph (3), substitute—
“(3)On 1st April 2009, and each subsequent anniversary, the figures in the second column of the table in paragraph (2) (“Range”) are increased by applying the appropriate increase and rounding the result down to the nearest £100.
(3A)In paragraph (3), “the appropriate increase” means the amount by which the figures would be increased with effect from 6th April of the relevant year if they were pensions to which the Pensions (Increase) Act 1971f1 applied”.
for paragraph (4) substitute—
“(4)(a)Where there has been a permanent material change to the terms and conditions of a member’s employment which affect his pensionable pay in the course of a financial year, his employing authority may determine that the contribution rate to be applied in his case is not to be calculated in accordance with paragraph (2).
(b)In such a case, the authority shall inform the member of the contribution rate applicable to him, and the date from which it is to be applied.”
in paragraph (6), for the words “But a term-time worker” substitute “But a whole time term-time worker”.
in paragraph (10), at the end add “at the rate applicable to the sum of his pensionable pay in each such employment”.
Annotations
Commencement
- I1
Reg. 5 in force at 7.5.2008, see reg. 1(3)
Footnotes
- f1