# The Police Pensions (Purchase of Increased Benefits) Regulations 1987, Paragraph 3


(1) In the case of a person specified in sub-paragraph (2)—
(a) where he elects to make payment by a lump sum, the amount of such lump sum, and
(b) where he elects to make payment by periodical contributions, the rate of such contributions,
shall be such as the Government Actuary may determine to be the actuarial equivalent of the benefit to him of his election.
(2) The persons referred to in sub-paragraph (1) are—
(a) a person in respect of whom the time at which he could be required to retire on account of age has, before the time of his election under regulation 3, been postponed under regulation A 18(2) of the principal Regulations, and
(b) a person (not being a person specified in paragraph (a)) whose retirement date as at the time of his election falls on his attaining the age of 65 years.
TABLE
Regular policeman whose retirement date, as at the time of his election, falls on his attaining the age of 55 years
Regular policeman whose retirement date, as at the time of his election, falls on his attaining the age of 57 years
Regular policeman whose retirement date, as at the time of his election, falls on his attaining the age of 60 years
1
2
3
4
5
6
7
Age on relevant birthday
Percentage for calculating lump sum payment
Percentage for calculating periodical contributions
Percentage for calculating lump sum payment
Percentage for calculating periodical contributions
Percentage for calculating lump sum payment
Percentage for calculating periodical contributions
26
33.90
1.24
27
33.90
1.29
28
33.80
1.35
31.40
1.19
29
33.80
1.41
31.30
1.22
30
33.70
1.48
31.20
1.26
31
33.70
1.56
31.00
1.30
27.30
0.96
32
33.60
1.64
30.80
1.35
26.70
1.00
33
33.60
1.73
30.70
1.40
26.30
1.04
34
33.50
1.82
30.50
1.46
26.10
1.08
35
33.40
1.92
30.40
1.53
26.00
1.12
36
33.20
2.03
30.30
1.60
26.00
1.16
37
32.90
2.15
30.10
1.68
26.00
1.21
38
32.50
2.28
29.90
1.77
25.90
1.27
39
32.10
2.42
29.60
1.87
25.90
1.33
40
31.60
2.57
29.30
1.98
25.90
1.40
41
31.00
2.74
29.00
2.10
25.90
1.48
42
30.20
2.94
28.50
2.23
25.90
1.57
43
29.20
3.18
27.90
2.37
25.90
1.67
44
28.20
3.48
27.30
2.53
25.90
1.77
45
27.30
3.85
26.70
2.72
25.90
1.88
46
26.70
4.30
26.40
2.94
25.90
2.00
47
26.30
4.84
26.10
3.21
25.90
2.14
48
26.30
5.49
26.10
3.54
25.80
2.31
49
26.60
6.28
26.30
3.94
25.80
2.52
50
27.00
7.34
26.50
4.46
25.80
2.78
51
27.50
8.91
26.80
5.14
25.80
3.10
52
28.10
11.45
27.20
6.10
25.80
3.50
53
28.70
16.44
27.50
7.52
25.80
4.02
54
29.20
27.80
9.90
25.70
4.70
55
29.60
28.00
14.67
25.70
5.60
56
28.30
25.70
6.86
57
28.60
25.80
9.05
58
25.80
13.43
59
25.90
60
26.00

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Source: https://www.legislation.gov.uk/uksi/1987/2215/schedule/paragraph/3 (the official version)
Page: https://openlegislation.uk/police-pensions-purchase-of-increased-benefits-regulations-1987/schedule/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.