# The Police Pension Scheme (Scotland) Regulations 2015, Regulation 37: Calculation of “retirement index adjustment”

Extent: S

(1) The retirement index adjustment for an amount of accrued earned pension is—
amount of accrued earned pension × retirement index percentagewhere—
“amount of accrued earned pension” means an amount of any description of accrued earned pension; and
“retirement index percentage” means the retirement index percentage calculated under paragraph (2) for that description of accrued earned pension.
(2) The retirement index percentage is—
A ×B12where—
A means—
(a)for accrued club transfer earned pension, the in-service revaluation index that applies in relation to the sending scheme for the leaving year; and
(b)for accrued standard earned pension, the index adjustment that applies in relation to this scheme for the leaving year;
B is the number of complete months in the period between the beginning of the leaving year and the end of the last day of pensionable service; and
“complete month” includes an incomplete month that consists of at least 16 days.

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Source: https://www.legislation.gov.uk/ssi/2015/142/regulation/37 (the official version)
Page: https://openlegislation.uk/police-pension-scheme-scotland-regulations-2015/regulation-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.