- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
54.—(1) This regulation applies where a member—
(a)is entitled under this Chapter to count an additional period as a period of membership, and
(b)was aged at least 45 on the first day of the earliest period of membership he is entitled to count.
(2) Where this regulation applies the retirement pension—
(a)to which the member would otherwise be entitled under regulation 25, or
(b)to which he would otherwise be entitled under regulation 31 (before applying any reduction under paragraph (4) of that regulation),
is increased by multiplying his final pay by the length in years of the additional period and dividing the resulting amount by 240.
(3) The additional period does not count in the calculation of the standard retirement grant.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include: