Paragraph 1

The amount payable by an eligible person or his widow or widower under regulation C7(9) is—

where—

• A is the annual rate of the eligible person’s remuneration on the relevant date;

• B is the lesser of—

  1. (a)

     the length, expressed in complete years and any fraction of a year of his qualifying service before 1st April 1978; and

  2. (b)

     the length of the period specified in the notice of election under regulation C7(7); and

• C is the length, expressed in complete years and any fraction of a year, by which the period specified in the notice of election exceeds B.