Paragraph 2 Meaning of “service reduction percentage”I1
United Kingdom
(1)
In this Schedule, the “service reduction percentage” in respect of a period of flexible service is given by the formula, expressed as a percentage—
where—
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A is the basic pay which the member would have received in respect of that period of flexible service had the person not been serving on flexible terms;
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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
Commencement
- I1
Sch. para. 2 in force at 1.1.2021, see art. 1(b)