Amendment of regulation D1
This section has no associated Policy Notes
5. In regulation D1 (contributions by members)—
(a)in paragraph (2)—
(i)after sub-paragraph (b), insert—
“;
(c)for the scheme year 2017-18 is the percentage specified in column 2 of table 3 in respect of the corresponding pensionable pay band specified in column 1 of that table into which the member’s pensionable pay falls”; and
(ii)after Table 2, insert—
“Table 3
Column 1 Pensionable pay band | Column 2 Contribution percentage rate |
---|---|
Up to £16,528 | 5.2% |
£16,529 - £22,217 | 5.8% |
£22,218 - £27,634 | 7.3% |
£27,635 - £50,971 | 9.5% |
£50,972 - £72,770 | 12.7% |
£72,771 - £113,625 | 13.7% |
£113,626 to any higher amount | 14.7%” |
(b)in paragraph (2A)—
(i)for “2015-16”, substitute “2016-17”; and
(ii)for “table 2”, substitute “table 3”; and
(c)in each of paragraphs (20), (21)(a) and (25)(b), for “table 2” substitute “table 3”.