Regulation 5 Amendments to the Teachers’ Pensions Regulations 2010
(1)
Schedule 3 (employees’ and employers’ contributions) is amended in accordance with paragraphs (2) and (3).
(2)
Omit paragraph 1;
(3)
In paragraph 2—
(a)
in sub-paragraph (1) omit “unless paragraph 3 applies”;
(b)
in sub-paragraph (2) —
(i)
omit the words “for the initial contribution period”;
(ii)
for the table substitute—
“
Table
Annual contributable salary
Rate
Up to £14,999 6.4% £15,000 to £25,999 7.0% £26,000 to £31,999 7.9% £32,000 to £39,999 8.8% £40,000 to £44,999 9.2% £45,000 to £74,999 10.1% £75,000 to £99,999 10.6% £100,000 and above 11.2% ”.
(c)
omit sub-paragraph (3);
(d)
omit paragraph 3;
(e)
in paragraph 4—
(i)
in sub-paragraph (2) omit “for the initial contribution period”; and
(ii)
omit sub-paragraphs (3) to (8);
(f)
omit paragraph 5.