{
  "url": "https://openlegislation.uk/parliamentary-pensions-consolidation-and-amendment-regulations-1993/schedule-3/paragraph-5",
  "json_url": "https://openlegislation.uk/parliamentary-pensions-consolidation-and-amendment-regulations-1993/schedule-3/paragraph-5.json",
  "legislation": "uksi/1993/3253",
  "legislation_title": "The Parliamentary Pensions (Consolidation and Amendment) Regulations 1993",
  "legislation_url": "https://openlegislation.uk/parliamentary-pensions-consolidation-and-amendment-regulations-1993",
  "path": "schedule/3/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": "Maximum commutation for office holders on early retirement",
  "text": "For the purposes of regulation G1(4), in the case of a Class A participant entitled to a pension under regulation H2—\n(1) who has no retained lump sum benefits, was no longer an office holder on his sixty-fifth birthday and is not entitled to a pension by virtue of regulation J2 or J4, the amount of the maximum commutable sum, subject to a maximum of 120/80 of the multiple, shall be whichever is the greater of:\n(i) the amount of the product of N/NS and the number of eightieths of the multiple, specified in the table in Part II of this Schedule in relation to the number of years, each beginning on 1st April, during which any part of his prospective actual reckonable service falls; and\n(ii) the amount of the product of three-eightieths of the multiple and the number of years, each beginning on 1st April, during which he has any actual reckonable service,\naggregated with the amount referred to in paragraph 4(1)(ii);\n(2) who has retained lump sum benefits but would otherwise be within sub-paragraph (1) of this paragraph, paragraph 3(2) above shall apply in respect of him, as if set out in this paragraph.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2006/920",
      "affecting_title": "The Parliamentary Pensions (Amendment) Regulations 2006"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2006/920",
      "affecting_title": "The Parliamentary Pensions (Amendment) Regulations 2006"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2006/920",
      "affecting_title": "The Parliamentary Pensions (Amendment) Regulations 2006"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2006/920",
      "affecting_title": "The Parliamentary Pensions (Amendment) Regulations 2006"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2006/920",
      "affecting_title": "The Parliamentary Pensions (Amendment) Regulations 2006"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1993/3253/schedule/3/paragraph/5",
    "retrieved_at": "2026-10-29T13:43:34.947939+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."
}