{
  "url": "https://openlegislation.uk/local-government-superannuation-regulations-northern-ireland-1992/schedule-18/paragraph-3",
  "json_url": "https://openlegislation.uk/local-government-superannuation-regulations-northern-ireland-1992/schedule-18/paragraph-3.json",
  "legislation": "nisr/1992/547",
  "legislation_title": "Local Government (Superannuation) Regulations (Northern Ireland) 1992",
  "legislation_url": "https://openlegislation.uk/local-government-superannuation-regulations-northern-ireland-1992",
  "path": "schedule/18/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "The apportionment fraction is—\n[AB×(C+D)]−EC where—\nA is the value at the relevant date of the accrued actuarial liabilities of the fund which relate to the persons transferring their pension rights on that date to the approved non-local government scheme;\nB is the value at the relevant date of all accrued actuarial liabilities of the fund;\nC is the value at the relevant date of the transferable assets of the fund minus any sums then due from the fund;\nD is the value at the relevant date of any adjustments to be made in consequence of a certificate under regulation P6(1)(b) to sums (other than sums then due to the fund) to be contributed to the fund under regulation P7(1); and\nE is the value at the relevant date of the part (if any) of those adjustments which relates to the persons transferring their pension rights on that date to the approved non-local government scheme.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1992/547/schedule/18/paragraph/3",
    "retrieved_at": "2026-10-29T02:53:47.631381+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}