# The Local Government Superannuation Regulations 1986, Schedule 7: LIMITATION OF PAYMENTS UNDER PART C

Extent: E+W+S

If the amount payable by a pensionable employee by way of additional contributions in pursuance of a notice given under regulation D10 or D10A of the 1974 regulations or an election made under regulation C6 or C8 or the amount of an instalment payable in pursuance of an election under regulation C8, as the case may be, when aggregated with—
(a) any other amounts payable by him under any of those regulations in addition to the first-mentioned amount, and
(b) the amount payable by him by way of contributions under regulation C2,
exceeds 15% of his remuneration, he shall satisfy his liability in respect of the excess over 15% by payment in a lump sum of a sum calculated by the Government Actuary to represent the capital value of the excess.

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Source: https://www.legislation.gov.uk/uksi/1986/24/schedule/7 (the official version)
Page: https://openlegislation.uk/local-government-superannuation-regulations-1986/schedule-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

