SCHEDULES

F2SCHEDULE 4BAdditional Pension: Accrual Rates for Purposes of Section 45(2)(d)

Annotations:
Amendments (Textual)

PART 3CONTRACTED-OUT EMPLOYMENT

Amount B

10

1

Amount B is calculated as follows—

a

take the part of the F3pensioner's assumed earnings factor for the year which exceeds the QEF F1... ;

b

multiply that amount in accordance with the last order under section 130 of the Administration Act to come into force before the end of the final relevant year;

c

multiply the amount found under paragraph (b) above by 20 per cent.;

d

divide the amount found under paragraph (c) above by the number of relevant years in the pensioner's working life.

2

Section 44B above is to be ignored in applying section 44(6) above for the purposes of this paragraph.