# The Judicial Pensions (Miscellaneous) Regulations 1995, Regulation 7: Annual rate of pension


The annual rate of pension payable to a person to whom section 2(2) or (4) applies shall be calculated, as at the date of retirement, in accordance with the formula
[A+(B/365×(C-A))]× the appropriate annual rate attributable to the person where—
a A is the actuarial reduction factor set out in the Table in the Schedule to these Regulations (“the Table”) appropriate to the age of the member at his last birthday;
b B is the number of days between the exact age of the member and his age last birthday; and
c C is the actuarial reduction factor set out in the Table appropriate to the member at his age next birthday.

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Source: https://www.legislation.gov.uk/uksi/1995/632/regulation/7 (the official version)
Page: https://openlegislation.uk/judicial-pensions-miscellaneous-regulations-1995/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.