Paragraph 30
In regulation E3—
in paragraph (3), for the words “the amount ascertained by multiplying three eightieths of his pensionable remuneration by the length in years of his reckonable service” substitute:
“the total of—
(a)one thirtieth of his pensionable remuneration multiplied by the length in years of any reckonable service before 1st April 1972, and
(b)three eightieths of his pensionable remuneration multiplied by the length in years of his reckonable service after 31st March 1972”;
for paragraph (4) substitute:
“(4)The amount, calculated in accordance with paragraph (3), of the retiring allowance (“the basic amount”) is to be increased by the amount ascertained by multiplying 1/2 per cent of the basic amount by the length in years of any reckonable service before 29th October 1960.”;
for paragraph (5) substitute:
“(5)Where at the time when he ceases to be employed a male pensionable employee has a wife to whom a pension may become payable under regulation E5, in calculating the rate of his retirement pension under paragraph (1) the length in years of his reckonable service (if any) before 1st April 1972 is to be reduced by 6 per cent.”;
delete paragraphs (6) to (6AA);
for paragraph (8) substitute:
“(8)If in respect only of reckonable service before attaining the age of 60 years the calculation in paragraph (3) would produce an amount greater than one and a half times the person's pensionable remuneration, the retiring allowance calculated in accordance with the other provisions of this regulation is to be reduced by the amount of the excess.”;
delete paragraph (9);
in paragraph (10), for the words from “no account shall be taken” to “40 years” substitute:
“no account shall be taken—
(i)in the case of a retirement pension, of reckonable service before attaining the age of 60 years beyond a total of 40 years, or
(ii)in any case, of reckonable service beyond a total of 45 years”
; and
in paragraph (12), for the words “falls to be reduced under paragraph (5) or (6)” substitute “includes such an amount as is mentioned in paragraph (3)(a) or reckonable service falls to be reduced under paragraph (5)”.