SOCIAL SECURITY Citation and commencement 1 These regulations may be cited as the Social Security (Earnings Factor) Amendment Regulations 1987 and shall come into force on 29th March 1987. Earnings Factors for the tax year 1986—87 2 For the tax year commencing 6th April 1986, paragraph 2 of Schedule 1 to the Social Security (Earnings Factor) Regulations 1979 shall have effect as if for sub-paragraphs (e) and (f) there were substituted the following sub-paragraphs— e F is— i in relation to any Class 1 contributions paid at a rate specified in section 4(6)—(6B) of the Act— aa 1.8 where P − Q is less than £156; bb 142 P - Q + 0.89 where P − Q is not less than £156 but not greater than £1,290.91; cc 1, where P − Q is greater than £1,290.91; ii in relation to any Class 1 contributions paid at a rate so specified as modified by regulations under section 128 of the Act— aa 1.976, where P is less than £127.90; bb 140.2 P + 0.88 , where P is not less than £127.90 but not greater than £1,161.82; cc 1, where P is greater than £1,161.82; iii in relation to any Class 1 contributions paid at a rate so specified as modified by regulations under section 129 of the Act— aa 1.842, where P is less than £148.18; bb 141.5 P + 0.887 , where P is not less than £148.18 but not greater than £1,255.05; cc 1, where P is greater than £1,255.05; iv in relation to such part of any Class 1 contributions as is paid at the normal percentage in accordance with section 27(1)(a) of the Pensions Act in a year in which no payment is made of contributions to which head (i) above applies— aa 1.8, where P − Q is less than £98.80; bb 177.84 P - Q , where P − Q is not less than £98.80 but not greater than £177.84; cc 1, where P − Q is greater than £177.84; v in relation to such part of any Class 1 contributions as is paid at the normal percentage in accordance with section 27(1)(a) of the Pensions Act in a year in which there are also paid contributions to which head (i) applies— aa 1.8, where P − Q is less than £156; bb 142 P - Q + 0.89 where P − Q is not less than £156 but not greater than £1,290.91; cc 1, where P − Q is greater than £1,290.91; vi in relation to such part of any Class 1 contributions as is paid at the normal percentage in accordance with section 27(1)(a) of the Pensions Act as modified by regulations under section 128 of the Act— aa 1.976, where P − Q is less than £81.02; bb 160.06 P - Q , where P − Q is not less than £81.02 but not greater than £160.06; cc 1, where P − Q is greater than £160.06; vii in relation to such part of any Class 1 contributions as is paid at the normal percentage in accordance with section 27(1)(a) of the Pensions Act as modified by regulations under section 129 of the Act— aa 1.842, where P − Q is less than £93.86; bb 172.90 P - Q , where P − Q is not less than £93.86 but not greater than £172.90; cc 1, where P − Q is greater than £172.90; f G is— i in relation to any Class 1 contributions paid at the highest of the rates specified in section 4(6)—(6B) of the Act or to any contracted-out contributions ascertained by reference to section 27(2)(a) of the Pensions Act— aa 2.4, where Q is less than £48.48; bb 72 Q + 0.915 , where Q lies between £48.48 and £847.06; cc 1, where Q is greater than £847.06; ii in relation to any contracted-out contributions ascertained by reference to section 27(2)(a) of the Pensions Act, as modified by regulations under section 128 of the Act— aa 3.05, where Q is less than £33.05; bb 71 Q + 0.902 , where Q lies between £33.05 and £724.49; cc 1, where Q is greater than £724.49; iii in relation to any contracted-out contributions ascertained by reference to section 27(2)(a) of the Pensions Act, as modified by regulations under section 129 of the Act— aa 2.54, where Q is less than £44.20; bb 72 Q + 0.911 , where Q lies between £44.20 and £808.99; cc 1, where Q is greater than £808.99; and the amount resulting shall be rounded to the nearest whole penny. . Signed by authority of the Secretary of State for Social Services. John Major Minister of State, Department of Health and Social Security 3rd March 1987