SCHEDULES

SCHEDULE 5 E+W+S Pension compensation payable on discharge of pension compensation credit

Part 1 E+W+S Introductory

Interpretation E+W+S

2 E+W+S In this Schedule—

• “the initial annual rate of compensation” is the amount determined by the Board under section 116(4);

• “the pension compensation age” of the transferee is the age determined in accordance with paragraph 3.