THE SCHEDULEPENSION TRUST OF THE RAILWAYS PENSION SCHEME

Appendix 2THE ARRANGEMENTS AND RULES GOVERNING THE ARRANGEMENTSThe Arrangements of the Scheme are the Shared Cost Arrangement, the Defined Benefit Arrangement and the Defined Contribution Arrangement.

PART 3RULES OF THE DEFINED CONTRIBUTION ARRANGEMENT

Contributions by Participating Employers3A

Each Participating Employer shall contribute to the Section in respect of each of its Employees who are in Pensionable Service at such rate as the Designated Employer decides from time to time. This rate shall be fixed at 12 monthly intervals, and shall be notified to Members by the Designated Employer at the beginning of each 12 month period.