Regulation 186 Employers’ contributionsF1
Scotland
In respect of each pay period, the employer of a person (P) in pensionable service in that pay period is to pay contributions on P’s pensionable earnings in the pay period at the following percentage rate of those earnings—
14.9% from 1st April 2015 to 31st August 2015 inclusive;
17.2% from 1 September 2015 to 31 August 2019,
23% from 1 September 2019 to 31 March 2024;
26% from 1 April 2024;
at the rate determined in each successive valuation report under paragraph 1 of Schedule 4 with effect from a date to be notified to employers by the scheme manager.
Annotations
Textual amendments
- F1
Reg. 186 substituted (1.4.2015) by The Teachers’ Pension Scheme (Scotland) Amendment Regulations 2015 (S.S.I. 2015/97), regs. 1, 18
- F2
Reg. 186(b)-(d) substituted for reg. 186(b)(c) (1.4.2019) by The Teachers' Superannuation and Pension Scheme (Scotland) (Miscellaneous Amendments) Regulations 2019 (S.S.I. 2019/48), regs. 1(2), 5 (as amended by S.S.I. 2019/95, regs. 1, 3, 5)
- F3
Reg. 186(c)-(e) substituted for reg. 186(c)(d) (with effect from 1.4.2024) by The Teachers’ Pension Scheme (Scotland) Amendment Regulations 2024 (S.S.I. 2024/147), regs. 1, 4