The Local Government Superannuation (Scotland) Regulations 1987

2.—(1) In the case of a person who at the appropriate time was entitled to or had received superannuation benefits (including a return of contributions and any benefit by way of a lump sum payment) in respect of any local government employment or under any non-local government scheme, the number of years specified in column (2) of the Table in paragraph 1(1) is to be reduced, in accordance with the certificate of an actuary, to the extent necessary to ensure that—

(a) the aggregate annual amount of—

(i) the actuarial value, expressed as an annuity payable to him, of those superannuation benefits, and

(ii) the part of his retirement pension attributable to reckonable service before attaining pensionable age, and

(iii) the actuarial value, expressed as an annuity payable to him, of the part of his retiring allowance attributable to such reckonable service, will not exceed two-thirds of his pensionable remuneration, and

(b) the aggregate amount of—

(i) his retiring allowance, and

(ii) any lump sum comprised in those superannuation benefits,

will not exceed one hundred and twenty eightieths of his pensionable remuneration.

(2) For the purposes of this paragraph—

(a) it is to be assumed that the person will, until he attains pensionable age, continue in the same local government employment and on the same scale of remuneration as at the material date,

(b) any reckonable service on or after the material date is to be disregarded,

(c) the material date is the date of, as the case may be, the election under regulation C5 or C6 or the resolution under regulation D7,

(d) a person who, when a scheduled body passed a resolution in respect of him under regulation D7, had not become a pensionable employee in their employment is to be treated as if he had on the date of the resolution become such an employee on the scale of remuneration at which the employment was offered to him, and

(e) regard is to be had to any Inland Revenue advice as to the calculation of the value of the earlier benefits.