Article 4 Increase in certain lump sums

This Article applies to any lump sum or instalment of a lump sum which became payable on or after 8th April 2013 but before 7th April 2014.

The pension authority may increase a lump sum or instalment of a lump sum to which this Article applies by 2.70 per cent of the amount of the lump sum or instalment (as increased by the amount of any increase under section 1 of the 1971 Act or under the existing Orders) multiplied by—

where A is the number of complete months in the period between the beginning date for the lump sum or, if later, 8th April 2013 and the date on which it became payable.