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The Public Service (Civil Servants and Others) Pensions Regulations (Northern Ireland) 2014

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Meaning of “annualised final pay”N.I.

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129.—(1) For the purposes of this Chapter, for a continuous period of pensionable service that is less than 12 months, a member’s annualised final pay is—

where—

FP is the amount of the member’s permanent pensionable earnings [F1payable in respect of] that period of service; and

N is the number of days in that period.

(2) But if the continuous period of pensionable service includes 29th February, paragraph (1) has effect with the substitution for “365” of “366”.

[F2(3) In this regulation—

(a)if the member is a transition member with continuity of service, “pensionable earnings” in respect of any period includes the member’s pensionable earnings under the PCSPS(NI) before the transition date for that member; and

(b)in respect of a period of assumed pay, “pensionable earnings” means the member’s assumed pay.]

Textual Amendments

Commencement Information

I1Reg. 129 in operation at 1.4.2015, see reg. 1(3)

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