The Teachers' Superannuation (Scotland) Amendment Regulations 2007

Amendment of the Teachers' Superannuation (Scotland) Regulations 2005

10.  For regulation C3 (ordinary contributions) substitute–

“Ordinary contributions

C3.— (1) In this regulation “relevant period” is to be construed in accordance with regulation H2(6).

(2) Subject to paragraph (3), a teacher who is in pensionable employment is to pay contributions of–

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

(b) 6.4% of his or her 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) A teacher who has made an election under regulation C2(1) shall, in addition to the contributions referred to in paragraph (2), 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.

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

(1)

S.I. 1997/2001 as amended by S.I. 1998/2255, 1999/607, 2000/3028, 2004/587, 2005/2198, 2006/736, 2214 and 3122.