# The Superannuation (Local Government and Approved Employment) Interchange Rules 1969>, Paragraph 2: Reckoning of service


For paragraph (1) of rule 11 there shall be substituted the following:—
“(1) Subject to the provisions of this rule, a person to whom this part of these rules applies shall be entitled to reckon as contributing service such number of completed years and months as having regard to—
(a) his age and remuneration at the date when he entered local government employment and
(b) the class to which he belonged or the description under which he fell as an officer or a servant on entering local government employment,
would have produced a transfer value of the aggregate of—
(i) the amount of the transfer value received under rule 10(b), and
(ii) any amount paid under rule 10(a) (iii) in respect of returned contributions and interest,
had he left local government employment in the circumstances described in section 29 of the Act of 1937 at that date.
(1A) The reference in the last foregoing paragraph to the person's age shall be construed—
(a) where he entered local government employment before 18th August 1969, as a reference to his age at 18th August 1969;
(b) where a further transfer value is paid under paragraph (6) hereof, as a reference to his age at the date when the pension scheme trustees notify the fund authority that it has become payable.
(1B) A person to whom this part of these rules applies who transferred from approved employment subject to the Commission for the New Towns Pension Fund and Pension and Life Assurance Scheme or the New Towns' Pension Fund and Pension and Life Assurance Scheme and who has no retained rights in either of those Funds or Schemes may, within 3 months after receiving a notification as to reckonable service pursuant to the Local Government Superannuation (Administration) Regulations 1954 or such longer period as the fund authority may allow, elect to make additional payments for the purpose of reckoning additional years of service, subject to the following conditions:—
(a) the number of additional years which can become reckonable under this paragraph shall not, when aggregated with the years which are or will become reckonable under paragraph (1) above or under rule 12, exceed the actual length of service which was reckonable for purposes of the approved pension scheme;
(b) he shall, as from the date of election until he attains the age of 60 years or dies or retires (whichever first occurs), pay in respect of each additional year the percentage of remuneration specified in column (2) of schedule 5 at his age at the date of election as in column (1);
(c) if the aggregate of contributions and payments required from him under this paragraph, rule 12(3) and (4), section 6 of the Act of 1937 (which provides for the standard percentage contribution from remuneration) and regulation 12 of the benefits regulations (which provides for added years) exceeds 15% of his remuneration, he shall satisfy his liability in respect of the excess as follows:—
(i) the payment to be made in aggregate shall be the percentage in excess of 15%, multiplied by his remuneration at the date of election, and then multiplied by the rate specified in column (3) of schedule 5 against his age at the date of election as in column (1); and
(ii) the method of payment shall be instalments or lump sum, as he and the fund authority may agree;
(d) for the purposes of regulations 11 and 20 of the modification regulations, payments made under this paragraph shall be treated as if they were payments by way of additional contributions under regulation 12 of the benefits regulations; but the sums shown in table I of schedule 2 to the first-mentioned regulations shall be treated as if they were doubled.”.

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Source: https://www.legislation.gov.uk/uksi/1969/997/schedule/4/paragraph/2 (the official version)
Page: https://openlegislation.uk/superannuation-local-government-and-approved-employment-interchange-rules-1969/schedule-4/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.