Explanatory note

These Regulations further amend the State Scheme Premiums (Actuarial Tables) Regulations 1987. They make provision for calculations relating to state scheme premiums (other than contributions equivalent premiums) to be made by reference to a 20-year index number instead of by reference to a 25-year index number. They do this by amending regulations 1, 2 and 10 of those Regulations and by substituting a new Schedule for Schedule 7 to those Regulations.

The report of the Government Actuary relating to the actuarial table, together with a statement by the Secretary of State showing that these Regulations give effect to the recommendations in that Report, is contained in Command Paper No. 1455 published by Her Majesty’s Stationery Office.