The Local Government Superannuation Regulations 1986

1.  Subject to the provisions of this schedule, the period which a person is entitled to reckon as reckonable service by virtue of regulation J9(1)(a) is a period equal to the period of reckonable service which would enable the fund authority to pay under regulation 12 a transfer value (calculated in accordance with Schedule 16)—

(a) of the amount which that authority accepted in respect of him under regulation J8, or

(b) where—

(i) the person became employed in his local government employment after 4th April 1983, and

(ii) a limited revaluation premium was paid under section 45 of the Pensions Act and has been repaid to the fund authority by the Secretary of State,

of the total of the amount mentioned in sub-paragraph (a) and the amount of the premium.