The Police Pensions Regulations 2015 No. 445

PART 8 Benefits for pension credit members

Annual rate of pension credit member’s pension

129.  The annual rate of a pension credit member’s pension is calculated by—

(a) taking the amount of credited pension specified in the pension credit member’s account;

(b) subtracting the early payment reduction (if any) specified in that account in relation to that amount; and

(c) subtracting the commutation amount (if any) specified in that account in relation to that amount.