The Local Government Superannuation Regulations 1986

1.  The transfer value payable under regulation Q2(1) in respect of a person is to be calculated in accordance with the following formula if the service he is entitled to reckon in his new local government employment which he was also entitled to reckon in his previous local government employment exceeds 182 days—

, where—

T is the amount of the transfer value,

F is the amount shown in column 2 of the following Table applicable to his age in years when he ceased to be employed in his previous local government employment,

TABLE

Age on ceasing to be Employed in Previous Local Government Employment	Amount
1	2
	£
Under 30	11
30 to 39 (inclusive)	12
40 to 49 (inclusive)	13
50 and over	14

S is the length of the reckonable service in complete years ignoring any residual period of 182 days or less and taking any residual period which exceeds 182 days as a complete year,

R is the annual rate of his remuneration in his previous local government employment at the date on which he ceased to be employed in that employment, and

A is the amount of any additional contributory payments remaining outstanding when he ceased to be employed in his previous local government employment.