Paragraph A.2A Meaning of “service reduction percentage”F1
In these Rules, the “service reduction percentage” in respect of a period of flexible service is given by the formula, expressed as a percentage—
Where—
A is the basic pay which the member would have received in respect of that period of flexible service had the member not been serving on flexible terms;
B is the basic pay received by the member in respect of that period of flexible service.
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
Notes on Schedule 1
Modifications
- C1
Schs. 1-3 modified (14.7.2026 for the tax year 2014-15 and subsequent tax years) by The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) Regulations 2026 (S.I. 2026/673), regs. 1(2), 10