# Social Security Contributions and Benefits Act 1992, Paragraph 10

Extent: E+W+S

(1) Amount B is calculated as follows—
(a) take the part of the pensioner's assumed earnings factor for the year which exceeds the QEF ...;
(b) multiply that amount in accordance with the last order under section 148 of the Administration Act to come into force before the end of the final relevant year;
(c) multiply the amount found under paragraph (b) by 20%;
(d) divide the amount found under paragraph (c) by the number of relevant years in the pensioner's working life.
(2) Section 44B is to be ignored in applying section 44(6) for the purposes of this paragraph.

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Source: https://www.legislation.gov.uk/ukpga/1992/4/schedule/4B/paragraph/10 (the official version)
Page: https://openlegislation.uk/social-security-contributions-and-benefits-act-1992/schedule-4B/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.