Regulation 22 Amendment of regulation 129
In regulation 129 (meaning of “annualised final pay”), for paragraph (3), substitute—
“(3)In this regulation—
(a)if the member is a transition member with continuity of service, “pensionable earnings” in respect of any period includes the member’s pensionable earnings under the PCSPS before the transition date for that member; and
(b)in respect of a period of assumed pay, “pensionable earnings” means the member’s assumed pay.”.