# The Judicial Pensions Regulations (Northern Ireland) 2015, Section 29: Calculation of “retirement index adjustment”


(1) The retirement index adjustment for an amount of accrued pension is—
amount of accrued pension Χ retirement index percentagewhere—
“amount of accrued pension” means an amount of any description of accrued pension; and
“retirement index percentage” means the retirement index percentage calculated under paragraph (2) for that description of accrued pension.
(2) The retirement index percentage is—
A × B 12where—
A means the in-service revaluation index that applies in relation to this scheme for the leaving year;
B is the number of complete months in the period between the beginning of the leaving year and the end of the relevant last day; and
“complete month” includes an incomplete month that consists of at least 16 days.

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Source: https://www.legislation.gov.uk/nisr/2015/76/section/29 (the official version)
Page: https://openlegislation.uk/judicial-pensions-regulations-northern-ireland-2015/section-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.