# The Teachers' Superannuation (Consolidation) Regulations 1988, Paragraph 14 (1) Subject to paragraph 15, the amount of the additional contributions is to be paid in equal monthly instalments. (2) The amount of the additional contributions is C×D×E, where— C is the Method B sum, D is the number of instalments to be paid, and E is the multiplier ascertained from, or where the contribution period is not an exact number of years by extrapolation from, the appropriate Table. (3) Where paragraph 13(2) applies, the appropriate Table is Table 4 below. TABLE 4 Range within which relevant rate of interest falls % Contribution period in years and multiplier 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 (4) In any other case, the appropriate Table is Table 5 below. TABLE 5 Range within which relevant rate of interest falls % Contribution period in years and multiplier 1 2 3 4 5 5.00—5.49 0.0859 0.0441 0.0302 0.0233 0.0192 5.50—5.99 0.0861 0.0444 0.0305 0.0235 0.0194 6.00—6.49 0.0863 0.0446 0.0307 0.0238 0.0196 6.50—6.99 0.0865 0.0448 0.0309 0.0240 0.0198 7.00—7.49 0.0868 0.0450 0.0311 0.0242 0.0201 7.50—7.99 0.0870 0.0452 0.0314 0.0244 0.0203 8.00—8.49 0.0872 0.0455 0.0316 0.0247 0.0205 8.50—8.99 0.0874 0.0457 0.0318 0.0249 0.0208 9.00—9.49 0.0877 0.0459 0.0320 0.0251 0.0210 9.50—9.99 0.0879 0.0461 0.0323 0.0254 0.0212 10.00—10.49 0.0881 0.0463 0.0325 0.0256 0.0215 10.50—10.99 0.0883 0.0466 0.0327 0.0258 0.0217 11.00—11.49 0.0886 0.0468 0.0329 0.0260 0.0220 11.50—11.99 0.0888 0.0470 0.0332 0.0263 0.0222 12.00—12.49 0.0890 0.0472 0.0334 0.0265 0.0224 12.50—12.99 0.0892 0.0475 0.0336 0.0268 0.0227 13.00—13.49 0.0894 0.0477 0.0338 0.0270 0.0229 13.50—13.99 0.0897 0.0479 0.0341 0.0272 0.0232 14.00—14.49 0.0899 0.0481 0.0343 0.0275 0.0234 14.50—14.99 0.0901 0.0484 0.0345 0.0277 0.0237 15.00—15.49 0.0903 0.0486 0.0348 0.0279 0.0237 15.50—15.99 0.0906 0.0488 0.0350 0.0282 0.0242 16.00—16.49 0.0908 0.0490 0.0352 0.0284 0.0244 16.50—16.99 0.0910 0.0493 0.0355 0.0287 0.0247 17.00—17.49 0.0912 0.0495 0.0357 0.0289 0.0249 17.50—17.99 0.0914 0.0497 0.0359 0.0292 0.0252 18.00—18.49 0.0917 0.0499 0.0362 0.0294 0.0254 18.50—18.99 0.0919 0.0502 0.0364 0.0296 0.0257 19.00—19.49 0.0921 0.0504 0.0366 0.0299 0.0259 19.50—19.99 0.0923 0.0506 0.0369 0.0301 0.0262 TABLE 5 (continued) Range within which relevant rate of interest falls % Contribution period in years and multiplier 6 7 8 9 10 5.00—5.49 0.0164 0.0144 0.0130 0.0118 0.0109 5.50—5.99 0.0166 0.0147 0.0132 0.0121 0.0112 6.00—6.49 0.0168 0.0149 0.0135 0.0123 0.0114 6.50—6.99 0.0171 0.0151 0.0137 0.0126 0.0117 7.00—7.49 0.0173 0.0154 0.0139 0.0128 0.0119 7.50—7.99 0.0176 0.0156 0.0142 0.0131 0.0122 8.00—8.49 0.0178 0.0159 0.0144 0.0133 0.0125 8.50—8.99 0.0180 0.0161 0.0147 0.0136 0.0127 9.00—9.49 0.0183 0.0164 0.0149 0.0139 0.0130 9.50—9.99 0.0185 0.0166 0.0152 0.0141 0.0133 10.00—10.49 0.0188 0.0169 0.0155 0.0144 0.0135 10.50—10.99 0.0190 0.0171 0.0157 0.0147 0.0138 11.00—11.49 0.0193 0.0174 0.0160 0.0149 0.0141 11.50—11.99 0.0195 0.0176 0.0162 0.0152 0.0144 12.00—12.49 0.0198 0.0179 0.0165 0.0155 0.0146 12.50—12.99 0.0200 0.0181 0.0168 0.0158 0.0149 13.00—13.49 0.0203 0.0184 0.0170 0.0160 0.0152 13.50—13.99 0.0205 0.0187 0.0173 0.0163 0.0155 14.00—14.49 0.0208 0.0189 0.0176 0.0166 0.0158 14.50—14.99 0.0210 0.0192 0.0179 0.0169 0.0161 15.00—15.49 0.0213 0.0195 0.0181 0.0172 0.0164 15.50—15.99 0.0215 0.0197 0.0184 0.0174 0.0167 16.00—16.49 0.0218 0.0200 0.0187 0.0177 0.0170 16.50—16.99 0.0221 0.0202 0.0190 0.0180 0.0173 17.00—17.49 0.0223 0.0205 0.0193 0.0183 0.0176 17.50—17.99 0.0226 0.0208 0.0195 0.0186 0.0179 18.00—18.49 0.0228 0.0311 0.0198 0.0189 0.0182 18.50—18.99 0.0231 0.0214 0.0201 0.0192 0.0185 19.00—19.49 0.0234 0.0216 0.0204 0.0195 0.0188 19.50—19.99 0.0236 0.0219 0.0207 0.0198 0.0191 (5) The relevant rate of interest is the average gross redemption yield described in sub-paragraph (6) on the last 1st August before the date on which the election became irrevocable under regulation C3(13) or, if The Stock Exchange was not then open, on the last day on which it had been open. (6) The average gross redemption yield is that computed and designated jointly by the Financial Times, the Institute of Actuaries and the Faculty of Actuaries as that appropriate to British Government high-coupon 5-year stocks. --- Source: https://www.legislation.gov.uk/uksi/1988/1652/schedule/4/paragraph/14 (the official version) Page: https://openlegislation.uk/teachers-superannuation-consolidation-regulations-1988/schedule-4/paragraph-14 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.