# The Local Government Superannuation Regulations 1986, Paragraph 1

Extent: E+W+S

The amount to be paid by an employee who has under regulation C8 elected to make payment by a lump sum is—
A×B×C100 , where—
A is the length of the period of reckonable service specified in his notice of election, expressed in complete years and any fraction of a year,
B is his remuneration at the date of the election, and
C is, in the case of a man, the figure specified in column 2 of the Table below against his age on his birthday following the date of the election; and in the case of a woman, a figure to be specified by the Government Actuary.
TABLE
1.
2.
Age on birthday next following election
Figure to be used
25
2.76
26
2.61
27
2.51
28
2.44
29
2.39
30
2.35
31
2.31
32
2.28
33
2.25
34
2.23
35
2.21
36
2.20
37
2.18
38
2.17
39
2.16
40
2.15
41
2.14
42
2.13
43
2.12
44
2.11
45
2.10
46
2.09
47
2.08
48
2.08
49
2.09
50
2.10
51
2.12
52
2.14
53
2.16
54
2.18
55
2.20
56
2.22
57
2.24
58
2.26
59
2.28
60
2.30
61
2.31
62
2.32
63
2.33
64
2.34

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Source: https://www.legislation.gov.uk/uksi/1986/24/schedule/5/paragraph/1 (the official version)
Page: https://openlegislation.uk/local-government-superannuation-regulations-1986/schedule-5/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.