# Local Government (Superannuation) Regulations (Northern Ireland) 1992, Paragraph 3


The apportionment fraction is—
[AB×(C+D)]−EC where—
A 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;
B is the value at the relevant date of all accrued actuarial liabilities of the fund;
C is the value at the relevant date of the transferable assets of the fund minus any sums then due from the fund;
D 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
E 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.

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Source: https://www.legislation.gov.uk/nisr/1992/547/schedule/18/paragraph/3 (the official version)
Page: https://openlegislation.uk/local-government-superannuation-regulations-northern-ireland-1992/schedule-18/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.