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The Teachers’ Pensions etc. (Reform Amendments) Regulations (Northern Ireland) 2007

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Ordinary contributions

6.  For regulation C2 substitute—

Ordinary Contributions

C2.—(1) In this regulation “relevant period” is to be construed in accordance with regulation G4(3).

(2) A person who is in pensionable employment is to pay contributions of—

(a)6% of his contributable salary for the time being in respect of any period before 1st April 2007,

(b)6.4%of his contributable salary for the time being in respect of the relevant period starting on 1st April 2007, and

(c)X% of his or her contributable salary for the time being in respect of any subsequent relevant period, where X has the same value as that determined by the Secretary of State from time to time in accordance with regulation C3(2)(c) of the Teachers’ Pensions Regulations 1997(1).

(3) No contributions are to be paid by any person to whom regulation E32(2)(a) (restriction of reckonable service to 45 years) has become applicable.

(1)

S.I. 1997/3001; regulation C3 was substituted by S.I. 2006/3122, regulation 8.

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