# The Local Government Superannuation Regulations 1986, Paragraph 3

Extent: E+W+S

The amount to be paid by an employee who has under regulation C8 elected to make payment by instalments is the amount he would have been required to pay under Part I if he had on the same date elected to make payment by a lump sum, increased by 5% for each complete year, and pro rata for any fraction of a year, during which under paragraph 4 instalments are due to be paid.

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Source: https://www.legislation.gov.uk/uksi/1986/24/schedule/5/paragraph/3 (the official version)
Page: https://openlegislation.uk/local-government-superannuation-regulations-1986/schedule-5/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.