Regulation 3 Amendments to the Police Pensions Regulations 2015

(1)

The Police Pensions Regulations 2015^f1 are amended in accordance with paragraph (2).

(2)

In regulation 174 (employer contributions)—

(a)

in paragraph (1), for “the rate of 31% of the member’s annualised rate of pensionable earnings” substitute “a rate determined by the Secretary of State from time to time after consultation with the scheme actuary”;

(b)

after paragraph (3), insert—

“(4)

The Secretary of State must notify the scheme manager of the rate at which employer contributions are to be paid and the date from which the rate takes effect.”.

Annotations

Footnotes

f1: S.I. 2015/445. The figure of 24.6% was substituted with 31% by S.I. 2019/1049.