Paragraph 4 Employers' contributions

(1)

The percentage rate of employers' contributions is determined in accordance with this paragraph.

F1(2)

The percentage rate is—

(a)

14.1% from 1st April 2015 until 30th August 2015 inclusive;

(b)

16.4% from 1st September 2015;

(c)

the rate determined in each successive valuation report with effect from a date to be notified to employers by the Secretary of State.

F2(3)

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(4)

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(5)

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(6)

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(7)

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(8)

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Annotations

F1: Sch. 3 para. 4(2) substituted (1.4.2015) by The Teachers' Pensions (Miscellaneous Amendments) (No. 2) Regulations 2014 (S.I. 2014/2651), regs. 1, 23(b)
F2: Sch. 3 para. 4(3)-(8) omitted (1.4.2013) by virtue of The Teachers’ Pensions (Amendment) Regulations 2013 (S.I. 2013/275), regs. 1, 5(3)(e)(ii)