{
  "url": "https://openlegislation.uk/local-government-superannuation-scotland-regulations-1987/schedule-16/part-V/paragraph-1",
  "json_url": "https://openlegislation.uk/local-government-superannuation-scotland-regulations-1987/schedule-16/part-V/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/V/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "The additional transfer value payable under regulation J3(2) and the transfer value that may be accepted where regulation J8(5) applies is in each case (A × B × C) + D, where—\nA is the period—\n(a) which the person would have been entitled to reckon as reckonable service by virtue of regulation F6(1)(a) or (b), or\n(b) which would have been taken into account in calculating additional benefits in accordance with regulation F6(12), or\n(c) which he would have been entitled to reckon under the war service provisions of the public service scheme,\nas the case may be;\nB is the figure in column 2 or 3 of the Table below appropriate to the person’s age on 1st April 1978 and sex;\nC is either—\n(a) the annual rate of the person’s pensionable remuneration at 1st April 1978, or\n(b) if on that date he was entitled to a pension, the amount of remuneration taken into account in calculating the pension, increased by the annual amount (if any) by which an annual pension at a rate equal to that amount of remuneration, and beginning on the same date as the person’s pension, would by 1st April 1978 have been increased under the Pensions (Increase) Act 1971; and\nD is compound interest on (A X B × C), calculated, in the case of an additional transfer value payable under regulation J4(2), in accordance with regulation J7 in respect of the period beginning on 1st April 1978 and ending with the date on which the transfer or additional transfer value is paid.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1971 c. 56"
    }
  ],
  "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/V/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."
}