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Regulation 5A Meaning of “service reduction percentage”F1

(1)

In this scheme, the “service reduction percentage” in respect of a period of flexible service is given by the formula, expressed as a percentage—

(A−B)A

Where—

  • A is the basic pay which a person would have received in respect of that period of flexible service had the person not been serving on flexible terms;

  • B is the basic pay received by the person in respect of that period of flexible service.

(2)

For the purposes of the Scheme, a period of flexible service ends and another begins when any change in the service reduction percentage occurs.

Annotations

Textual amendments

F1

Reg. 5A inserted (1.4.2019) by The Armed Forces Pension Schemes and Early Departure Payments Schemes (Amendments Relating to Flexible Working and Miscellaneous Amendments) Regulations 2018 (S.I. 2018/1111), regs. 1(3), 6(4)