# The Local Government Pension Scheme Regulations 1997 (Amendment) Regulations 1998, Paragraph 20


In paragraph 4 for sub-paragraph (1) substitute–
“(1) Subject to sub-paragraph (1A), the aggregate pensions payable on retirement at NRD must not exceed the lesser of–
(a) for Class B members, one thirtieth of the member’s final remuneration multiplied by his years of service, or 20 years if less
(b) for Class C members with less than 10 years service, the member’s final remuneration multiplied by the fraction specified below–
1 to 5 years
1/60th for each year
6 years
8/60ths
7 years
16/60ths
8 years
24/60ths
9 years
32/60ths
(c) two thirds of the member’s final remuneration less the value of any retained rights.
(1A) But if it results in a higher sum than the maximum under sub-paragraph (1), the maximum aggregate pension on retirement at NRD is one sixtieth of the member’s final remuneration multiplied by his years of service or 40 years if less.”.

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Source: https://www.legislation.gov.uk/uksi/1998/1238/schedule/paragraph/20 (the official version)
Page: https://openlegislation.uk/local-government-pension-scheme-regulations-1997-amendment-regulations-1998/schedule/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.