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2.C.2.—(1) Contributions under regulation 2.C.1(1)(a) (contributions by members) must be paid at the member’s contribution rate for the scheme year in question.
(2) Where paragraph (2) of regulation 2.C.3 applies, a member’s contribution rate for the scheme year 2013-2014 is the percentage specified in column 2 of the following table in respect of the corresponding pensionable pay band specified in column 1 of that table into which the member’s pensionable pay falls.
Column 1 Pensionable pay band | Column 2 Contribution percentage rate |
---|---|
Up to £15,278 | 5.0% |
£15,279 to £21,175 | 5.3% |
£21,176 to £26,557 | 6.8% |
£26,558 to £48,982 | 9.0% |
£48,983 to £69,931 | 11.3% |
£69,932 to £110,273 | 12.3% |
£110,274 to any higher amount | 13.3% |
(3) Where paragraph (16), (17) or (21) of regulation 2.C.3 applies, a member’s contribution rate for the scheme year 2013-2014 is the percentage specified in column 2 of the following table in respect of the corresponding pensionable pay band specified in column 1 of that table into which the member’s pensionable pay falls.
Column 1 Pensionable pay band | Column 2 Contribution percentage rate |
---|---|
Up to £15,431 | 5.0% |
£15,432 to £21,387 | 5.3% |
£21,388 to £26,823 | 6.8% |
£26,824 to £49,472 | 9.0% |
£49,473 to £70,630 | 11.3% |
£70,631 to £111,376 | 12.3% |
£111,377 to any higher amount | 13.3% |
(4) The Scottish Ministers must, with the consent of the Treasury, determine the pensionable pay bands and contribution percentage rates specified in the tables set out in this regulation in respect of each scheme year.
(5) Before determining those pensionable pay bands or contribution percentage rates, the Scottish Ministers must consider the advice of the scheme actuary.
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