The Teachers’ Superannuation (Scotland) Amendment Regulations 2012
In accordance with section 9(5) of that Act the Scottish Ministers have consulted with representatives of education authorities and of teachers and with representatives of such other persons likely to be affected by these Regulations as appear to them to be appropriate.
Citation and commencement1.
(1)
These Regulations may be cited as the Teachers’ Superannuation (Scotland) Amendment Regulations 2012.
(2)
These Regulations come into force on 1st April 2012.
Amendment of the Teachers’ Superannuation (Scotland) Regulations 20052.
Amendment of regulation C33.
“and ending 31st March 2012—
(bb)
between 1st April 2012 and 31st March 2013—
(i)
for each month during which the employee is in full-time pensionable employment, the rate set out in the table which is applicable to the employee’s annual contributable salary rate for that month; and
(ii)
for each month during which the employee is in part-time pensionable employment, the rate set out in the table which is applicable to the full‑time equivalent of the employee’s annual contributable salary for that month;
Table
Full-time equivalent contributable salary band
£
Contribution Rate from 1st April 2012 to 31st March 2013
Below £15,000
15,000 to 25,999
26,000 to 31,999
32,000 to 39,999
40,000 to 74,999
75,000 to 111,999
112,000 and above
6.4%
7.0%
7.3%
7.6%
8.0%
8.4%
8.8%”
St Andrew’s House,
Edinburgh
We consent
These Regulations amend the Teachers’ Superannuation (Scotland) Regulations 2005 to adjust the contribution rates payable by teachers in respect of their pensions. In particular they amend Regulation C3(2) to add new provisions for the year 1st April 2012 to 31st March 2013 providing for a table of percentages of contributions which are to be calculated monthly by reference to the annual rate (or in the case of part-time employees, annual equivalent rate) of each employee’s contributable salary for that month.