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11.—(1) This paragraph applies to an eligible person who—
(a)joined the regular forces on or after 1st April 2015,
(b)would neither have become entitled to EDP 2015 payments nor reached age 60, even had their service continued to the end of their commitment period, and
(c)ceases service before the end of that period.
(2) The amount payable under paragraph 8(1) is the lower of—
(a)10.2% x F x Q, and
(b)(10.2% x F x R) + (10.2% x F),
where—
F is the person’s final relevant earnings,
Q is the number of years of redundancy qualifying service served by the person, and
R is the number of remaining years that the person had left to serve in their commitment.
Commencement Information
I1Sch. para. 11 in force at 1.1.2021, see art. 1(b)