# The Social Security (Earnings Factor) Amendment Regulations 1987, Regulation 2: Earnings Factors for the tax year 1986—87


For the tax year commencing 6th April 1986, paragraph 2 of Schedule 1 to the Social Security (Earnings Factor) Regulations 1979 shall have effect as if for sub-paragraphs (e) and (f) there were substituted the following sub-paragraphs—
“(e) F is—
(i) in relation to any Class 1 contributions paid at a rate specified in section 4(6)—(6B) of the Act—
(aa) 1.8 where P − Q is less than £156;
(bb) 142P-Q+0.89 where P − Q is not less than £156 but not greater than £1,290.91;
(cc) 1, where P − Q is greater than £1,290.91;
(ii) in relation to any Class 1 contributions paid at a rate so specified as modified by regulations under section 128 of the Act—
(aa) 1.976, where P is less than £127.90;
(bb) 140.2P+0.88 , where P is not less than £127.90 but not greater than £1,161.82;
(cc) 1, where P is greater than £1,161.82;
(iii) in relation to any Class 1 contributions paid at a rate so specified as modified by regulations under section 129 of the Act—
(aa) 1.842, where P is less than £148.18;
(bb) 141.5P+0.887 , where P is not less than £148.18 but not greater than £1,255.05;
(cc) 1, where P is greater than £1,255.05;
(iv) in relation to such part of any Class 1 contributions as is paid at the normal percentage in accordance with section 27(1)(a) of the Pensions Act in a year in which no payment is made of contributions to which head (i) above applies—
(aa) 1.8, where P − Q is less than £98.80;
(bb) 177.84P-Q , where P − Q is not less than £98.80 but not greater than £177.84;
(cc) 1, where P − Q is greater than £177.84;
(v) in relation to such part of any Class 1 contributions as is paid at the normal percentage in accordance with section 27(1)(a) of the Pensions Act in a year in which there are also paid contributions to which head (i) applies—
(aa) 1.8, where P − Q is less than £156;
(bb) 142P-Q+0.89 where P − Q is not less than £156 but not greater than £1,290.91;
(cc) 1, where P − Q is greater than £1,290.91;
(vi) in relation to such part of any Class 1 contributions as is paid at the normal percentage in accordance with section 27(1)(a) of the Pensions Act as modified by regulations under section 128 of the Act—
(aa) 1.976, where P − Q is less than £81.02;
(bb) 160.06P-Q , where P − Q is not less than £81.02 but not greater than £160.06;
(cc) 1, where P − Q is greater than £160.06;
(vii) in relation to such part of any Class 1 contributions as is paid at the normal percentage in accordance with section 27(1)(a) of the Pensions Act as modified by regulations under section 129 of the Act—
(aa) 1.842, where P − Q is less than £93.86;
(bb) 172.90P-Q , where P − Q is not less than £93.86 but not greater than £172.90;
(cc) 1, where P − Q is greater than £172.90;
(f) G is—
(i) in relation to any Class 1 contributions paid at the highest of the rates specified in section 4(6)—(6B) of the Act or to any contracted-out contributions ascertained by reference to section 27(2)(a) of the Pensions Act—
(aa) 2.4, where Q is less than £48.48;
(bb) 72Q+0.915 , where Q lies between £48.48 and £847.06;
(cc) 1, where Q is greater than £847.06;
(ii) in relation to any contracted-out contributions ascertained by reference to section 27(2)(a) of the Pensions Act, as modified by regulations under section 128 of the Act—
(aa) 3.05, where Q is less than £33.05;
(bb) 71Q+0.902 , where Q lies between £33.05 and £724.49;
(cc) 1, where Q is greater than £724.49;
(iii) in relation to any contracted-out contributions ascertained by reference to section 27(2)(a) of the Pensions Act, as modified by regulations under section 129 of the Act—
(aa) 2.54, where Q is less than £44.20;
(bb) 72Q+0.911 , where Q lies between £44.20 and £808.99;
(cc) 1, where Q is greater than £808.99;
and the amount resulting shall be rounded to the nearest whole penny.”.

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Source: https://www.legislation.gov.uk/uksi/1987/316/regulation/2 (the official version)
Page: https://openlegislation.uk/social-security-earnings-factor-amendment-regulations-1987/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.