{
  "url": "https://openlegislation.uk/local-government-superannuation-scotland-regulations-1987/schedule-16/part-IV/paragraph-1",
  "json_url": "https://openlegislation.uk/local-government-superannuation-scotland-regulations-1987/schedule-16/part-IV/paragraph-1.json",
  "legislation": "uksi/1987/1850",
  "legislation_title": "The Local Government Superannuation (Scotland) Regulations 1987",
  "legislation_url": "https://openlegislation.uk/local-government-superannuation-scotland-regulations-1987",
  "path": "schedule/16/part/IV/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "The transfer value payable under regulation Q2(1) in respect of a person is to be calculated in accordance with the following formula if the service he is entitled to reckon in his new local government employment which he was also entitled to reckon in his previous local government employment exceeds 182 days—\nT=(F×S×R)100-A, where—\nT is the amount of the transfer value;\nF is the amount shown in column (2) of the following Table applicable to his age as set out in column (1) when he ceased to be employed in his previous local government employment,\nTABLE\n(1)\n(2)\n(Age on ceasing to be employed in previous local government employment)\n(Amount)\n£\nUnder 30\n11\n30 to 39 (inclusive)\n12\n40 to 49 (inclusive)\n13\n50 and over\n14;\nS is the length of the reckonable service in complete years ignoring any residual period of 182 days or less and taking any residual period which exceeds 182 days as a complete year;\nR is the annual rate of his remuneration of his previous local government employment at the date on which he ceased to be employed in that employment; and\nA is the amount of any additional contributory payments remaining outstanding when he ceased to be employed in his previous local government employment.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1989/802",
      "affecting_title": "The Local Government Superannuation (Scotland) Amendment Regulations 1989"
    },
    {
      "type": "amended",
      "affecting": "uksi/1996/414",
      "affecting_title": "The Local Government Superannuation (Scotland) Amendment Regulations 1996"
    },
    {
      "type": "revoked",
      "affecting": "uksi/1998/364",
      "affecting_title": "The Local Government Pension Scheme (Transitional Provisions) (Scotland) Regulations 1998"
    },
    {
      "type": "amended",
      "affecting": "uksi/1989/422",
      "affecting_title": "The Housing (Scotland) (Superannuation Fund) Regulations 1989"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/1850/schedule/16/part/IV/paragraph/1",
    "retrieved_at": "2026-10-29T16:18:54.659485+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."
}