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The Teachers (Compensation for Premature Retirement and Redundancy) (Scotland) Regulations 1996

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6.  The amount is–

where–

  • F is the pensionable salary in his new employment; and

  • G is the amount by which an official pension within the meaning of the 1971 Act would, by the day after the cessation of the new employment, have increased if it had begun, and first qualified for increases under that Act, on the day after the material date and had then been payable at an annual rate of £100.

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