{
  "url": "https://openlegislation.uk/public-service-civil-servants-and-others-pensions-regulations-2014/regulation-32",
  "json_url": "https://openlegislation.uk/public-service-civil-servants-and-others-pensions-regulations-2014/regulation-32.json",
  "legislation": "uksi/2014/1964",
  "legislation_title": "The Public Service (Civil Servants and Others) Pensions Regulations 2014",
  "legislation_url": "https://openlegislation.uk/public-service-civil-servants-and-others-pensions-regulations-2014",
  "path": "regulation/32",
  "kind": "regulation",
  "number": "32",
  "heading": "Calculation of “retirement index adjustment”",
  "text": "(1) Subject to regulation 32A, the retirement index adjustment for an amount of accrued pension is—\namount of accrued pension × retirement index percentage\nwhere—\n“amount of accrued pension” means an amount of any description of accrued pension; and\n“retirement index percentage” means the retirement index percentage calculated under paragraph (2) for that description of accrued pension.\n(2) The retirement index percentage is—\nA×B12where—\nA means—\n(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\n(b)for any other description of accrued pension, the in-service revaluation index that applies in relation to this scheme for the leaving year;\nB is the number of complete months in the period between the beginning of the leaving year and the end of the relevant last day; and\n“complete month” includes an incomplete month that consists of at least 16 days.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 32(1) inserted (with effect from 1.4.2015) by The Public Service (Civil Servants and Others) Pensions (Amendment) Regulations 2018 (S.I. 2018/537), regs. 1(2)(b), 11(1)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 32 in force at 1.4.2015, see reg. 1(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/1964/regulation/32",
    "retrieved_at": "2026-10-29T00:08:32.082597+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}