Regulation 9 Members’ contributions: lower rate rightsI1
England, Wales and Scotland Not yet in force
Subject to paragraph (4), the contribution rates set out in the table in regulation 3(2) of the Benefits Regulations (“the 2007 table”) do not apply to a person to whom regulation 12(3) of the 1997 Regulations, as continued in effect by regulation 3(2), applies.
Instead, the contribution rate to be applied to such a member is calculated in accordance with the following table—
| Year commencing | Contribution rate |
|---|---|
| 1st April 2008 | 5.25% |
| 1st April 2009 | 5.5% |
| 1st April 2010 | 6.5% |
But if the application of the table set out in paragraph (2) would result in a member’s contribution rate being greater that if the table applied, his contribution is paid at the lower rate.
After 31st March 2011, such a member makes contributions in accordance with the 2007 table.
Annotations
Commencement
- I1
Reg. 9 in force at 1.4.2008, see reg. 1(3)(b)