2014 No.70
The Teachers' Superannuation (Amendment) (No. 2) Regulations (Northern Ireland) 2014
Made
Coming into operation
The Department of Education makes the following Regulations in exercise of the powers conferred by Articles 11(1) F1, (2), (3), (3A) F2 and paragraphs 1, 3, 4, 5, 6, 8, 11 and 13 of Schedule 3 to the Superannuation (Northern Ireland) Order 1972 F3.
In accordance with Article 11(5) of that Order consultation has taken place with representatives of local education authorities and of teachers and with representatives of other persons likely to be affected.
In accordance with Article 11(1) of that Order these Regulations are made with the consent of the Department of Finance and Personnel F4.
As amended by S.I. 1990/1509 (N.I. 13) Article 6(1)
Formerly Department of Finance: see S.I. 1982/338 (N.I. 6) Article 3
Citation and commencement1
These Regulations may be cited as the Teachers' Superannuation (Amendment) (No. 2) Regulations (Northern Ireland) 2014 and shall come into operation on 1st April 2014.
Amendment of Superannuation Regulations2
The Teachers' Superannuation Regulations (Northern Ireland) 1998 F5 are amended in accordance with regulations 3 and 4.
3
1
Regulation C2 is amended as provided by paragraph (2).
2
For paragraph (2) substitute—
2
a
A person who is in pensionable employment is to pay contributions of—
i
before 1st April 2012, 6.4% of his contributable salary; and
ii
from 1st April 2012 to 31st March 2013 (both dates inclusive), for each month during which he is in pensionable employment, the percentage rate set out in table A which is applicable to his contributable salary rate for that month or, if part-time, the full-time equivalent contributable salary rate;
iii
from 1st April 2013 to 31st March 2014 (both dates inclusive), for each month during which he is in pensionable employment, the percentage rate set out in table B which is applicable to his contributable salary rate for that month or, if part-time, the full-time equivalent contributable salary rate.
iv
on or after 1st April 2014, for each month during which he is in pensionable employment, the percentage rate set out in table C which is applicable to his contributable salary rate for that month or, if part-time, the full-time equivalent contributable salary rate.
Table A
Full-time equivalent contributable salary band (£)
Contribution Rate
Below 15,000
6.4%
15,000 to 25,999
7.0%
26,000 to 31,999
7.3%
32,000 to 39,999
7.6%
40,000 to 74,999
8.0%
75,000 to 111,999
8.4%
112,000 and above
8.8%
Table B
Full-time equivalent contributable salary band (£)
Contribution Rate
Below 15,000
6.4%
15,000 to 25,999
7.0%
26,000 to 31,999
7.9%
32,000 to 39,999
8.8%
40,000 to 44,999
9.2%
45,000 to 74,999
10.1%
75,000 to 99,999
10.6%
100,000 and above
11.2%
Table C
Full-time equivalent contributable salary band (£)
Contribution Rate
Below 15,000
6.4%
15,000 to 25,999
7.2%
26,000 to 31,999
8.3%
32,000 to 39,999
9.5%
40,000 to 44,999
9.9%
45,000 to 74,999
11%
75,000 to 99,999
11.6%
100,000 and above
12.4%
Revocation4
The Teachers' Superannuation (Amendment) Regulations (Northern Ireland) 2013 are revoked.
Sealed with the Official Seal of the Department of Education on 5 March 2014
The Department of Finance and Personnel hereby consents to the foregoing Regulations
Sealed with the Official Seal of the Department of Finance and Personnel on 5 March 2014
As amended by S.I. 1990/1509 (N.I. 13) Article 13(1)