Paragraph 2

The amount ascertained under this paragraph is equal to–

where–

• E is the period of the designated teacher’s additional service, expressed in years and fractions of a year, which is in excess of 6⅔ years;

• R is the amount of the redundancy payment referred to in regulation 11(b); and

• Y is any amount by which the payment is reduced in accordance with the Redundancy Payments Pensions Regulations 1965^f1.