SCHEDULES

F1SCHEDULE 4BAdditional Pension: Accrual Rates for Purposes of Section 45(2)(d)

Annotations:
Amendments (Textual)

PART 2NORMAL RULES: EMPLOYMENT NOT CONTRACTED-OUT

Appropriate amount for year

3

The appropriate amount for the year for the purposes of paragraph 1 above is either—

a

the flat rate amount for the year (if there is a surplus in the pensioner's earnings factor for the year which does not exceed the LET), or

b

the sum of the flat rate amount and the earnings-related amount for the year (if there is such a surplus which exceeds the LET).