6.—(1) Where a person has made an election under paragraph 3(2) or (4) or paragraph 4 the period during which, subject to paragraph 14(7) to (10), the family benefit contributions are to be paid (“the payment period”) shall be ascertained from, or where the period in respect of which the election was made is not an exact number of years, by extrapolation from, Table 2.
Age on date from which contributions are payable | Period in years for which contributions are to be paid in respect of each year of election period | ||||||||
---|---|---|---|---|---|---|---|---|---|
Rate of contributions | 1% | 2% | 3% | 4% | 5% | 6% | 7% | 8% | 9% |
27 and under | 2.90 | 1.45 | 0.97 | 0.73 | 0.58 | 0.48 | 0.41 | 0.36 | 0.32 |
28-37 | 2.95 | 1.48 | 0.98 | 0.74 | 0.59 | 0.49 | 0.42 | 0.37 | 0.33 |
38-42 | 3.00 | 1.50 | 1.00 | 0.75 | 0.60 | 0.50 | 0.43 | 0.375 | 0.335 |
43-47 | 3.05 | 1.52 | 1.02 | 0.76 | 0.61 | 0.51 | 0.435 | 0.38 | 0.34 |
48 and over | 3.10 | 1.55 | 1.03 | 0.77 | 0.62 | 0.52 | 0.44 | 0.39 | 0.345 |
(2) Where a man has made an election under paragraph 3(1) the payment period is, subject to paragraph 14(7) to (10), five-sixths of the period ascertained in accordance with sub-paragraph (1).