Explanatory note

These Regulations set the rate of the Exchequer contribution to the Parliamentary Contributory Pension Fund at 6.8% of the salaries of contributors to the Fund until the beginning of the first financial year in respect of which the Government Actuary, in his first report made under section 3(3) of the Parliamentary and other Pensions Act 1987 after the coming into force of these Regulations, recommends the rate at which the Exchequer contribution should be paid into the Fund.