# The Armed Forces (Transitional Provisions) Pensions Regulations 2015, Regulation 38: Amendment of article 30 (factors affecting the amount of commutable pension) of the AF(RRGES) (No.2) Order

Extent: E+W+S+N.I.

Article 30 of the AF(RRGES) (No.2) Order is amended by inserting—
(a) after “a person” in sub-paragraph (1) “,not including a transition member,”,
(b) after sub-paragraph (1)—
“(1A) Subject to article 32, the maximum lump sum which can be commuted by a transition member is calculated by application of the following formula—
(A−B)xC÷D where—
A in the case of an officer is the 34 year rate and in the case of someone who is not an officer is the 37 year rate;
B is the aggregate lump sum from reckonable and pensionable service in AFPS 1975 and AFPS 2015;
C is the number of years of AFPS 1975 service; and
D is the total number of years of reckonable and pensionable service in AFPS 1975 and AFPS 2015.”.

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Source: https://www.legislation.gov.uk/uksi/2015/568/regulation/38 (the official version)
Page: https://openlegislation.uk/armed-forces-transitional-provisions-pensions-regulations-2015/regulation-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.