Regulation 20 Retirement compensation for loss of emoluments payable to pensionable officer on attainment of normal retiring age
Subject to the provisions of these Regulations, when a person to whom this part of these Regulations applies reaches normal retiring age, the retirement compensation payable to him for loss of emoluments shall be—
an annual sum equal to the amount of his accrued pension, and
a lump sum equal to the amount of his accrued retiring allowance (if any).
Where an annual sum is payable under this regulation in respect of any period and resettlement compensation is also payable in respect of that period, the said annual sum shall be limited to the amount (if any) by which it exceeds the resettlement compensation so payable as aforesaid.
No compensation shall be payable under this regulation if the person had continued to pay superannuation contributions as if he had suffered no loss of emoluments.