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Regulation 8 Abatement of annual compensation during further employment

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

This regulation applies where the annual rate of a person’s retirement pension is reduced under regulation E14f1 of the Superannuation Regulations.

(2)

Where this regulation applies the rate of the annual compensation under regulation 7 shall be reduced—

(a)

where the annual rate of the retirement pension is reduced to zero, to zero; and

(b)

in any other case, by the amount calculated under regulation E14(3)(b) of the Superannuation Regulations less the amount calculated under paragraph (4) of that regulationf2.

Annotations

Footnotes

f1

Regulation E14 was amended by S.I. 1997/312.

f2

Regulation E14(4) was added by S.I. 1997/312.