The Local Government Superannuation (Scotland) Regulations 1987

2.—(1) The sums mentioned in paragraph 1 shall be calculated as follows—

(a) the accrued pension shall be multiplied by the pension factor,

(b) the accrued retiring allowance shall be multiplied by the retiring allowance factor,

(c) the accrued modification shall be multiplied by the modification factor, and

(d) the guaranteed minimum pension shall be multiplied by the guaranteed minimum pension factor,

such factors being the factors in the appropriate Table specified in sub-paragraph (3) in relation to the person’s age at the date when he ceased to be employed in local government employment.

(2) The sum in respect of accrued widow’s pension shall be calculated by multiplying the accrued widow’s pension by 4 in the case of a transfer value payable under regulation J2 or J3(1), and by 2.4 in the case of a transfer value payable under regulation J14 or Q2(2).

(3) For the purposes of sub-paragraph (1) the appropriate Table shall be—

(a) in the case of a transfer value payable under regulation J2 or J3(1) the relevant Table in Part II, and

(b) in the case of a transfer value payable under regulation J14 or Q2(2) the relevant Table in Part III.

(4) The guaranteed minimum pension shall be the guaranteed minimum calculated in accordance with section 35 of the Pensions Act.