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The Teachers’ Superannuation (Amendment) Regulations (Northern Ireland) 2012

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Statutory Rules of Northern Ireland

2012 No. 126

Education

The Teachers’ Superannuation (Amendment) Regulations (Northern Ireland) 2012

Made

16th March 2012

Coming into operation

1st April 2012

The Department of Education makes the following Regulations in exercise of the powers conferred by Articles 11(1)(1), (2), (3), (3A)(2) and paragraphs 1, 3, 4, 5, 6, 8, 11 and 13 of Schedule 3 to the Superannuation (Northern Ireland) Order 1972(3).

In accordance with Article 11(5) of that Order consultation has taken place with representatives of local education authorities and of teachers and with representatives of other persons likely to be affected.

In accordance with Article 11(1) of that Order these Regulations are made with the consent of the Department of Finance and Personnel(4).

Citation and commencement

1.  These Regulations may be cited as the Teachers’ Superannuation (Amendment) Regulations (Northern Ireland) 2012 and shall come into operation on 1st April 2012.

Amendment of Superannuation Regulations

2.  The Teachers’ Superannuation Regulations (Northern Ireland) 1998 (5) are amended in accordance with regulation 3.

3.—(1) Regulation C2 is amended as provided by paragraph (2).

(2) For paragraph (2) substitute—

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

(i)before 1st April 2012, 6.4% of his contributable salary; and

(ii)from 1st April 2012, for each month during which he is in pensionable employment, the percentage rate set out in the table which is applicable to his contributable salary rate for that month or, if part-time, the full-time equivalent contributable salary rate.

Table

Full-time equivalent contributable salary band (£)Contribution Rate
Below 15,0006.4%
15,000 to 25,9997.0%
26,000 to 31,9997.3%
32,000 to 39,9997.6%
40,000 to 74,9998.0%
75,000 to 111,9998.4%
112,000 and above8.8%

Sealed with the Official Seal of the Department of Education on 16 March 2012

Legal seal

La’Verne Montgomery

A senior officer of the

Department of Education

The Department of Finance and Personnel hereby consents to the foregoing Regulations

Sealed with the Official Seal of the Department of Finance and Personnel on 16 March 2012

Legal seal

John McKibbin

A senior officer of the

Department of Finance and Personnel

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Teachers’ Superannuation Regulations (Northern Ireland) 1998 to increase the percentage of their salary which employees earning more that £15,000 per annum must contribute to the pension scheme from 1st April 2012.

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