# The Registered Pension Schemes (Bridging Pensions) Regulations 2007, Regulation 2: Prescribed percentage of the basic pension rate


(1) The prescribed percentage of the rate of the basic pension under paragraph 2(5)(c) of Schedule 28 to the Finance Act 2004 is that found by the formula—
125+( 125 A B )
Here—
A is the total number of years of a member’s employment to which the pension scheme relates which is not or has not been contracted-out employment, and
B is the total number of years of a member’s employment to which the pension scheme relates.
(2) In paragraph (1) “the basic pension” and “contracted-out employment” have the meanings given by paragraph 2(5A) of Schedule 28 to the Finance Act 2004.

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Source: https://www.legislation.gov.uk/uksi/2007/826/regulation/2 (the official version)
Page: https://openlegislation.uk/registered-pension-schemes-bridging-pensions-regulations-2007/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.