Amount of payment: regulars on long service commitments leaving before EDP 2015 point
This section has no associated Explanatory Memorandum
9.—(1) This paragraph applies to an eligible person who—
(a)has joined the regular forces on or after 1st April 2015,
(b)would have become entitled to EDP 2015 payments or have reached age 60 had their service continued to the end of their commitment period, and
(c)ceases service before becoming entitled to EDP 2015 payments or reaching age 60.
(2) The amount payable under paragraph 8(1) is 10.2% of the person’s final relevant earnings multiplied by the number of years of redundancy qualifying service served by the person (subject to a maximum of 20 years).