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Regulation 173 Employer contributions

Northern Ireland

(1)

The employer of an active member of this scheme (“the employer”) must pay contributions to this scheme in respect of the member at the rate of F1F246.6 % of the member's annualised rate of pensionable earnings (“employer contributions”).

(2)

Employer contributions must be paid at the intervals the scheme manager, in accordance with actuarial guidance, may for the time being determine.

(3)

In addition, the employer must pay the following charges to this scheme at the rate and at the intervals the scheme manager may for the time being determine—

(a)

annual administration charges;

(b)

any other administrative charges.

Annotations

Textual amendments

F1

Word in reg. 173(1) substituted (1.4.2019) by The Police Pension Schemes (Amendment) Regulations (Northern Ireland) 2019 (S.R. 2019/54), regs. 1(2), 9

F2

Word in reg. 173(1) substituted (1.4.2024) by The Police Pensions (Amendment) Regulations (Northern Ireland) 2024 (S.R. 2024/38), regs. 2, 36