Part DReckonable Service

Reckonable service generallyD1

1

Subject to regulation D2, a person is entitled to count as reckonable service—

a

subject to paragraph (2), any period spent by him in pensionable employment;

b

any period counting as reckonable service by virtue of regulations D3 and D4 or of regulation F4(8) (receipt of transfer value);

c

any period which does not count by virtue of sub-paragraph (a) or (b) but which immediately before 2nd November 1998 counted as reckonable service under regulation 3(1) of the 1977 Regulations; and

d

any period which immediately before 2nd November 1998, under regulations 4 and 67(1)(a) of the 1977 Regulations (war service), was capable of counting as reckonable service for the purpose of calculating benefits under Part III of those Regulations.

2

Where during a financial year a person has spent one or more periods in part-time pensionable employment each such period counts as—

365×ABdays of reckonable service,math

where—

  • A is the person’s contributable salary for the period; and

  • B is what his contributable salary for the whole of the financial year would have been if the employment had been full-time and had continued throughout the year.

3

For the purposes of paragraph (2)—

a

a period of part-time employment ends, and another such period begins, when any change occurs in the rate of the person’s contributable salary;

b

no account shall be taken of any reduction in contributable salary during a period of sick leave or maternity leave;

c

if a half or any greater fraction of a day results it shall be taken as one day, and any smaller fraction resulting shall be left out; and

d

if the calculation would result in more than 365 days' counting as reckonable service in respect of the financial year, the excess shall not so count.

4

In calculating the length of reckonable service—

a

no account shall be taken of a leap year day (29th February) except as provided in sub-paragraph (b); but

b

where total reckonable service which includes part of a year ends in a leap year on or after the leap year day that day shall be included in the number of days of reckonable service.