117.—(1) The Secretary of State must determine after consultation with the scheme actuary the employer contribution rate.
(2) The employer of an active member of this scheme must pay contributions at the employer contribution rate on that member’s pensionable earnings.
(3) The employer of an active member who is treated under regulation 18 (meaning of “assumed pensionable pay”) as receiving assumed pensionable pay must pay contributions at the employer contribution rate of the assumed pensionable pay that the member is treated as receiving.
(4) The Secretary of State must notify the scheme manager of the employer contribution rate and the date from which this will take effect.
(5) In these Regulations, “employer contribution” means the contributions payable under paragraph (2) or (3) of this regulation.