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

5

The earnings-related amount for the year is calculated as follows—

a

take the part of the surplus for the year which exceeds the LET F2... ;

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 sub-paragraph (b) above by 10 per cent.;

d

divide the amount found under sub-paragraph (c) above by 44.