# The Superannuation (Local Government and Approved Employment) Interchange Rules 1969>, Paragraph 9: Interest on returned contributions


The transfer value shall be reduced by an amount equal to that paid under rule 22 by the person in respect of interest on the contributions returned to him on or after he left approved employment.

---
Source: https://www.legislation.gov.uk/uksi/1969/997/schedule/1/paragraph/9 (the official version)
Page: https://openlegislation.uk/superannuation-local-government-and-approved-employment-interchange-rules-1969/schedule-1/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.