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The National Health Service Pension Schemes (Amendment) Regulations 2024

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Change 1

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As published

22 Amendment of regulation 31

(1) Regulation 31 (members' contributions: practitioners and non-GP providers) is amended as follows. (2) In paragraph (9)— (a) after sub-paragraph (b), insert— ; (c) in respect of the scheme years 2024/25 to 2027/28, Table 3 . (b) after Table 2, insert— Table 3 Scheme Years 2024/25 to 2027/28 Column 1 | Column 2 Pensionable earnings band | Contribution percentage rate Up to £13,259 | 5.2% £13,260 to £26,831 | 6.5% £26,832 to £32,691 | 8.3% £32,692 to £49,078 | 9.8% £49,079 to £62,924 | 10.7% £62,925 and above | 12.5%. . (3) After paragraph (10), insert— (11) The figures in column 1 of Table 3 (except the figures £13,259 and £13,260) are to be increased at the beginning of each scheme year starting with the scheme year 2025/26 and ending with (and including) scheme year 2027/28, if there is a relevant increase in the consumer prices index for that scheme year, by the appropriate percentage for the scheme year rounded up to the nearest £1. (12) For the purposes of paragraph (11)— (a) there is a relevant increase in the consumer prices index for a scheme year if the consumer prices index for the month of September before that scheme year is higher than that for the previous September; (b) the appropriate percentage for the scheme year is the same percentage as any percentage increase in the consumer prices index over the period specified by sub-paragraph (a); (c) the “consumer prices index” means the general index of consumer prices (for all items) published by the Statistics Board, a body corporate established by section 1 of the Statistics and Registration Service Act 2007; (d) where there is a relevant increase after 1st April 2025, the figures to be increased on the relevant date are the figures applicable to the previous scheme year. .

Your change, as a redline

22 Amendment of regulation 31

(1) Regulation 31 (members' contributions: practitioners and non-GP providers) is amended as follows. (2) In paragraph (9)— (a) after sub-paragraph (b), insert— ; (c) in respect of the scheme years 2024/25 to 2027/28, Table 3 . (b) after Table 2, insert— Table 3 Scheme Years 2024/25 to 2027/28 Column 1 | Column 2 Pensionable earnings band | Contribution percentage rate Up to £13,259 | 5.2% £13,260 to £26,831 | 6.5% £26,832 to £32,691 | 8.3% £32,692 to £49,078 | 9.8% £49,079 to £62,924 | 10.7% £62,925 and above | 12.5%. . (3) After paragraph (10), insert— (11) The figures in column 1 of Table 3 (except the figures £13,259 and £13,260) are to be increased at the beginning of each scheme year starting with the scheme year 2025/26 and ending with (and including) scheme year 2027/28, if there is a relevant increase in the consumer prices index for that scheme year, by the appropriate percentage for the scheme year rounded up to the nearest £1. (12) For the purposes of paragraph (11)— (a) there is a relevant increase in the consumer prices index for a scheme year if the consumer prices index for the month of September before that scheme year is higher than that for the previous September; (b) the appropriate percentage for the scheme year is the same percentage as any percentage increase in the consumer prices index over the period specified by sub-paragraph (a); (c) the “consumer prices index” means the general index of consumer prices (for all items) published by the Statistics Board, a body corporate established by section 1 of the Statistics and Registration Service Act 2007; (d) where there is a relevant increase after 1st April 2025, the figures to be increased on the relevant date are the figures applicable to the previous scheme year. .

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