OpenLegislation

Paragraph 6

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Where a person has made an election under paragraph 3(2) or (4) or paragraph 4, the period during which, subject to paragraph 14(7) to (10), the family benefit contributions are to be paid (“the payment period”) is to be ascertained from, or where the period in respect of which the election was made is not an exact number of years by extrapolation from, Table 2 below.

TABLE 2

Age on date from which contributions are payablePeriod in years for which contributions are to be paid in respect of each year of election period
Rate of contributions
1%2%3%4%5%6%7%8%9%
27 and under2.901.450.970.730.580.480.410.360.32
28—372.951.480.980.740.590.490.420.370.33
38—423.001.501.000.750.600.500.430.3750.335
43—473.051.521.020.760.610.510.4350.380.34
48 and over3.101.551.030.770.620.520.440.390.345
(2)

Where a man has made an election under paragraph 3(1) the payment period is, subject to paragraph 14(7) to (10), 5/6ths of the period ascertained in accordance with sub-paragraph (1).