Article 10 Computation of Contributions
Where a person to whom this Part applies ceases to be employed in local government employment or dies, then, in calculating any amount payable to or in respect of him by way of return of contributions, the amount of his contributions in respect of service reckonable in accordance with rule 8(1) shall be taken to include such amount as would have been payable by way of return of contributions under the Teachers' Regulations if, on his ceasing to be employed in teaching service, he had been entitled to be repaid his contributions without interest.
Where an amount payable by way of return of contributions or by way of benefit is a sum equal to, or which falls to be calculated by reference to, the amount of a person's contributions with compound interest thereon, compound interest shall also be payable in respect of the amount by which those contributions are increased under the last preceding paragraph, calculated—
as respects the period ending immediately before the day on which he entered local government employment, at the rate at which it would have been calculated under the Teachers' Regulations, if on ceasing to be employed in teaching service he had been entitled to a return of contributions together with compound interest thereon; and
as respects the period beginning with the date on which he entered local government employment, in accordance with the provisions of section 10 of the Act of 1937 or, as the case may be, the corresponding provisions of the relevant local Act scheme.
Notwithstanding anything in this rule previously contained, the sum by which contributions are increased by virtue of paragraph (1) or (2) shall not include—
any sum in respect of contributions which, on or after the person's ceasing to be employed in teaching service, were returned to and retained by him; or
any amount in respect of voluntary contributions which are not continued in pursuance of rule 9 of these Rules.