SCHEDULES

C1SCHEDULE 4 Superannuation of Statutory Officers

Section 72(2).

Annotations:
Modifications etc. (not altering text)
C1

Sch. 4: power to amend conferred by S.I. 1988/1888 (N.I. 18), art. 18(3)(j)

Sch. 4: power to modify conferred (7.2.1994) by 1993 c. 49, ss. 182, 183, 184, 186(2), Sch. 5 Pt. II para. 17(2)(3)(j); S.R. 1994/17, art. 2

1

In its application to a statutory officer in respect of his service as such the principal civil service pension scheme shall be modified as set out in paragraphs 2 and 3.

2

For the purpose of calculating reckonable service (but not qualifying service) any period of service after the commencement of section 70 shall be deemed to be increased by one third; but an officer shall not be deemed by virtue of this paragraph to have more than 40 years’ reckonable service.

3

Notwithstanding paragraph 2, any lump sum payable in addition to pension under the scheme in respect of a period of actual service not exceeding 12 years shall be calculated in accordance with the following Table, with proportionate adjustment for any fraction of a year’s service:—

Length of service

Lump sum

Up to 8 years

Three eightieths of pensionable pay for each year.

9 years

Thirtieth eightieths of pensionable pay.

10 years

Thirty six eightieths of pensionable pay.

11 years

Forty two eightieths of pensionable pay.

12 years

Forty eight eightieths of pensionable pay.

4

Expressions used in this Schedule and in the principal civil service pension scheme have the same meaning in this Schedule as in that scheme.