Regulation 20 Calculations

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

reg. 20(6)(aa) inserted by Local Government Pension Scheme Regulations 1997 1998 reg. 9
reg. 20(4A) inserted by Local Government Pension Scheme (Miscellaneous Provisions) 1999 reg. 8
reg. 20(4) words substituted by Local Government Pension Scheme(Pension Sharing on Divorce) 2000 Sch. para. 2
reg. 20(6)(a) omitted by Local Government Pension Scheme 2004 reg. 8
reg. 20(3A)-(3D) inserted by Local Government Pension Scheme 2006 reg. 3
reg. 20(3B) substituted by Local Government Pension Scheme 2006 reg. 5(1)
reg. 20(3C) words substituted by Local Government Pension Scheme 2006 reg. 5(2)
reg. 20(3E)(3F) inserted by Local Government Pension Scheme 2006 reg. 5(3)
reg. 20(4A) substituted by Local Government Pension Scheme 2006 reg. 11
reg. 20(3A) words added by Local Government Pension Scheme 2007 reg. 5

(1)

The amount of any benefit payable as a result of a person’s membership is generally calculated by multiplying his final pay by the appropriate multiplier.

(2)

Unless another multiplier is indicated, the appropriate multiplier for a pension is—

\frac{the member's total membership.}{80}

(3)

Unless another multiplier is indicated, the appropriate multiplier for a retirement grant is—

\frac{3 \times the member's total membership.}{80}

(4)

But benefits payable on or after the death of a pensioner member are calculated by multiplying the amount of his former retirement pension by the multiplier specified for the benefit in question.

(5)

Unless otherwise indicated, references to the amounts of pensions are to their annual rate.

(6)

The amount of a deceased person’s former retirement pension is the amount of the pension he would have received immediately before his death, but for—

(a)

regulation 29 (re-employed pensioners),

(b)

regulation 33 (surrenders),

(c)

regulation 50 (commutation in cases of exceptional ill-health),

(d)

regulation 54 (effect of increases under Chapter II of Part III for older members),

(e)

regulation 57 (effect of increases under Chapter III of Part III for older members), or

(f)

regulation 110 (application of abatement policy in individual cases).

(7)

Periods are measured in years and fractions of a year (calculated as specified in regulation 11).

(8)

A pensioner member includes a person who would have been entitled to a pension but for regulation 110 (application of abatement policy in individual cases).

(9)

But paragraph (8) does not stop a person to whom it applies from also being an active member.