Regulation 12 Purchase of past added years
Part I of Schedule 2A to the principal Regulations is amended—
in paragraph 2(1), by deleting the words “not less than 5 in number”;
in paragraph 3(2), by inserting after the words “Table 1” the words “or, as the case may be, Table 1A”; and
by inserting after Table 1 the following:
“
TABLE 1A
Period of contribution in years 1 2 3 4 Teacher’s age Percentage contribution in respect of each year purchased 20 32.96 15.97 10.35 7.59 21 31.79 15.32 9.88 7.20 22 30.66 14.71 9.45 6.84 23 29.59 14.15 9.05 6.52 24 28.57 13.62 8.69 6.24 25 27.61 13.14 8.36 5.99 26 26.63 12.71 8.10 5.81 27 25.74 12.31 7.86 5.64 28 24.93 11.95 7.64 5.50 29 24.20 11.63 7.45 5.37 30 23.55 11.34 7.28 5.26 31 23.04 11.12 7.15 5.17 32 22.59 10.91 7.03 5.10 33 22.18 10.73 6.93 5.03 34 21.83 10.58 6.85 4.98 35 21.52 10.45 6.78 4.94 36 21.31 10.37 6.73 4.92 37 21.14 10.30 6.70 4.90 38 20.99 10.25 6.67 4.89 39 20.87 10.21 6.66 4.89 40 20.78 10.18 6.65 4.89 41 20.75 10.18 6.65 4.90 42 20.74 10.18 6.67 4.91 43 20.74 10.20 6.68 4.93 44 20.76 10.22 6.70 4.95 45 20.81 10.25 6.73 4.97 46 20.87 10.29 6.76 5.00 47 20.94 10.33 6.80 5.03 48 21.04 10.39 6.84 5.06 49 21.16 10.45 6.89 5.10 50 21.29 10.52 6.94 5.15 51 21.44 10.61 7.00 5.20 52 21.61 10.70 7.07 5.25 53 21.80 10.80 7.15 5.32 54 22.01 10.92 7.23 5.39 55 22.23 11.04 7.32 5.46 56 22.59 11.24 7.47 5.58 57 23.00 11.48 7.64 5.73 58 23.47 11.74 7.84 5.89 59 23.99 12.04 8.07 6.08 60 24.57 12.38 8.31 6.28 61 24.05 12.12 8.14 6.15 62 23.53 11.85 7.96 6.02 63 23.01 11.59 7.79 5.88 64 20.28 10.14 6.76 5.07 65 21.97 11.07 7.43 5.62 66 21.44 10.78 7.23 5.45 67 20.91 10.49 7.02 5.28 68 20.39 10.20 6.81 5.11 69 19.86 9.91 6.60 4.94 ”.
Part III of Schedule 2A to the principal Regulations is amended—
in paragraph 2(1)(a)(ii), by substituting for the words “less than 5 nor” the words “less than one year nor”;
in paragraph 2(1)(b), by inserting after the words “a period of” the words “not less than one year nor more than”;
in paragraph 3, by deleting the words “or 5”;
in paragraph 4(1), by deleting the words from “In the case” to “election”;
in paragraph 4(2), by deleting the words “In such case” and by substituting for the words “the following Table 4” the words “the appropriate Table”;
by inserting after paragraph 4(2) the following:
“(2A)The appropriate Table—
(a)in the case of a teacher who has not attained the age of 55 on 1st October next following his giving notice of his election, is Table 4 or, as the case may be, Table 4A below, and
(b)in any other case, is Table 5 below.”;
by deleting paragraph 5; and
by inserting after Table 4 the following:
“
TABLE 4A
Range within which relevant rate of interest falls % Contribution period in years 1 2 3 4 5.00—5.49 0.0859 0.0441 0.0302 0.0233 5.50—5.99 0.0861 0.0444 0.0305 0.0235 6.00—6.49 0.0863 0.0446 0.0307 0.0238 6.50—6.99 0.0865 0.0448 0.0309 0.0240 7.00—7.49 0.0868 0.0450 0.0311 0.0242 7.50—7.99 0.0870 0.0452 0.0314 0.0244 8.00—8.49 0.0872 0.0455 0.0316 0.0247 8.50—8.99 0.0874 0.0457 0.0318 0.0249 9.00—9.49 0.0877 0.0459 0.0320 0.0251 9.50—9.99 0.0879 0.0461 0.0323 0.0254 10.00—10.49 0.0881 0.0463 0.0325 0.0256 10.50—10.99 0.0883 0.0466 0.0327 0.0258 11.00—11.49 0.0886 0.0468 0.0329 0.0260 11.50—11.99 0.0888 0.0470 0.0332 0.0263 12.00—12.49 0.0890 0.0472 0.0334 0.0265 12.50—12.99 0.0892 0.0475 0.0336 0.0268 13.00—13.49 0.0894 0.0477 0.0338 0.0270 13.50—13.99 0.0897 0.0479 0.0341 0.0272 14.00—14.49 0.0899 0.0481 0.0343 0.0275 14.50—14.99 0.0901 0.0484 0.0345 0.0277 15.00—15.49 0.0903 0.0486 0.0348 0.0279 15.50—15.99 0.0906 0.0488 0.0350 0.0282 16.00—16.49 0.0908 0.0490 0.0352 0.0284 16.50—16.99 0.0910 0.0493 0.0355 0.0287 17.00—17.49 0.0912 0.0495 0.0357 0.0289 17.50—17.99 0.0914 0.0497 0.0359 0.0292 18.00—18.49 0.0917 0.0499 0.0362 0.0294 18.50—18.99 0.0919 0.0502 0.0364 0.0296 19.00—19.49 0.0921 0.0504 0.0366 0.0299 19.50—19.99 0.0923 0.0506 0.0369 0.0301 TABLE 5
Range within which relevant rate of interest falls % Contribution period in years 1 2 3 4 5 5.00—5.49 0.0860 0.0443 0.0304 0.0235 0.0194 5.50—5.99 0.0863 0.0445 0.0306 0.0237 0.0196 6.00—6.49 0.0865 0.0448 0.0309 0.0239 0.0198 6.50—6.99 0.0867 0.0450 0.0311 0.0242 0.0200 7.00—7.49 0.0869 0.0452 0.0313 0.0244 0.0203 7.50—7.99 0.0872 0.0454 0.0315 0.0246 0.0205 8.00—8.49 0.0874 0.0456 0.0318 0.0249 0.0207 8.50—8.99 0.0876 0.0459 0.0320 0.0251 0.0210 9.00—9.49 0.0878 0.0461 0.0322 0.0253 0.0212 9.50—9.99 0.0881 0.0463 0.0324 0.0256 0.0214 10.00—10.49 0.0883 0.0465 0.0327 0.0258 0.0217 10.50—10.99 0.0885 0.0468 0.0329 0.0260 0.0219 11.00—11.49 0.0887 0.0470 0.0331 0.0263 0.0222 11.50—11.99 0.0890 0.0472 0.0334 0.0265 0.0224 12.00—12.49 0.0892 0.0474 0.0336 0.0267 0.0226 12.50—12.99 0.0894 0.0476 0.0338 0.0270 0.0229 13.00—13.49 0.0896 0.0479 0.0340 0.0272 0.0231 13.50—13.99 0.0898 0.0481 0.0343 0.0274 0.0234 14.00—14.49 0.0901 0.0483 0.0345 0.0277 0.0236 14.50—14.99 0.0903 0.0485 0.0347 0.0279 0.0239 15.00—15.49 0.0905 0.0488 0.0350 0.0282 0.0241 15.50—15.99 0.0907 0.0490 0.0352 0.0284 0.0244 16.00—16.49 0.0910 0.0492 0.0354 0.0287 0.0246 16.50—16.99 0.0912 0.0494 0.0357 0.0289 0.0249 17.00—17.49 0.0914 0.0497 0.0359 0.0291 0.0251 17.50—17.99 0.0916 0.0499 0.0361 0.0294 0.0255 18.00—18.49 0.0919 0.0501 0.0364 0.0296 0.0257 18.50—18.99 0.0921 0.0504 0.0366 0.0299 0.0260 19.00—19.49 0.0923 0.0506 0.0369 0.0301 0.0262 19.50—19.99 0.0925 0.0508 0.0371 0.0304 0.0265 ”.