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Regulation 28 Calculation of compensation where superannuation benefit is payable

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Where an officer to whom this Part of these Regulations applies, or his widow, child or other dependant or personal representative has become entitled to any superannuation benefit under a pension scheme associated with the employment which the officer has lost, the retirement compensation payable to the officer, or the compensation payable in respect of the officer under Regulations 24 25 and 26 of these Regulations shall be calculated in the first place as if the said superannuation benefit had not been payable but—

(a)

compensation by way of annual amounts shall be reduced by the annual amount of any such superannuation benefit as is payable periodically, and

(b)

compensation payable as a lump sum shall be reduced by the amount of any such superannuation benefit payable as a lump sum.