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Paragraph 2 Calculation of benefits

Original text. Later amendments are not shown.

For the wording of paragraph (4) of regulation 20 substitute—

  • “But—

    1. (a)

      benefits payable to a pension debit member are reduced as provided in regulation 20A; and

    2. (b)

      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.”.