Regulation C3 Ordinary contributions

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

reg. C3(1) words substituted by Teachers' Superannuation 2015 reg. 4(a)(i)
reg. C3(2) words substituted by Teachers’ Superannuation and Pension Scheme 2016 reg. 3
reg. C3(1)(2) substituted by Teachers’ Superannuation 2013 reg. 2
reg. C3(2)(bb) and words inserted by Teachers' Superannuation 2012 reg. 3
reg C3 subst by Teachers' Superannuation 2007 regs 2, 10
reg. C3(1) words substituted by Teachers' Superannuation 2014 reg. 2(a)
reg. C3(2) table substituted by Teachers' Superannuation 2014 reg. 2(b)
reg. C3 para. 2A-2D inserted by Teachers' Superannuation 2015 reg. 4(c)
reg. C3(1) words omitted by Teachers' Superannuation 2015 reg. 4(a)(ii)
reg. C3(2) table substituted by Teachers' Superannuation 2015 reg. 4(b)

(1)

Subject to paragraph (2), a teacher who is in pensionable employment is to pay contributions of 6 per cent of contributable salary for the time being.

(2)

A teacher who has made an election under regulation C2(1) shall, in addition to the contributions referred to in paragraph (1), pay contributions of the required percentage of the difference between the teacher’s actual contributable salary and the contributable salary at the rate referred to in regulation C2(4) to the extent that such contributions are not paid by any employer referred to in regulation H4 under an election mentioned in that regulation.

(3)

No contributions are to be paid by a teacher in respect of any reckonable service beyond a total of 45 years.