LegalizeThe Police Pensions (Amendment No. 2) Regulations (Northern Ireland) 2024
Made: 17th December 2024
Coming into operation: 1st April 2025
In accordance with section 3(5)[^f00002] of the 2014 Act, the Department of Finance has consented to the making of these Regulations.
Citation, commencement and effect
1
- (1) These Regulations may be cited as the Police Pensions (Amendment No. 2) Regulations (Northern Ireland) 2024.
- (2) These Regulations come into operation on 1st April 2025.
Amendment of the Police Pensions Regulations (Northern Ireland) 2015
2
The Police Pensions Regulations (Northern Ireland) 2015[^f00003] are amended in accordance with Regulation 3.
Rate of member’s contributions
3
In regulation 169 (Rate of member’s contributions) after paragraph (5) omit table and insert—
| Column 1Annualised rate of pensionable earnings | Column 2Member contribution rate |
|---|---|
| Less than £60,000 | 13.66% |
| £60,000 or more | 14.00% |
Signed
Sealed with the Official Seal of the Department of Justice on 17th December 2024.
Naomi Long — Minister of Justice
Sealed with the Official Seal of the Department of Finance on 17th December 2024.
Patrick Neeson — A senior officer of the Department of Finance
Explanatory note
(This note is not part of the Order)
EXPLANATORY NOTE
These Regulations amend the Police Pensions Regulations (Northern Ireland) 2015 (S.R. 2015 No. 113) in order to amend the rates of contributions payable by members of the police pension scheme governed by these Regulations to address a shortfall in employee pension contributions identified by the Government Actuary in the 2020 police pension scheme valuation.
Footnotes
[^f00001]: 2014 c.2 (N.I.). Section 3(1) was amended by section 94(12) of the Public Service Pensions and Judicial Offices Act 2022.
[^f00002]: Departments Act (Northern Ireland)2016 c.5 (N.I.). Section 1(4) renamed the Department of Finance and Personnel as the Department of Finance.
[^f00003]: S.R. 2015 No. 113.
Editorial notes
[^key-4a9c464fabd54dfbc5541864a1d17bfe]: Reg. 3 in operation at 1.4.2025, see reg. 1(2)
[^key-7a8b6d8b22d9201d2b909f2e4a594725]: Reg. 2 in operation at 1.4.2025, see reg. 1(2)
[^key-c29b51c87e34ebc64797bae575b5ff6d]: Reg. 1 in operation at 1.4.2025, see reg. 1(2)
Reading this document does not replace reading the official text published on legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. We assume no responsibility for any inaccuracies arising from the conversion of the original CLML XML to this format.