Regulation 20 Calculation of lump sum compensationI1
England and Wales
Subject to regulations 27 and 28, the amount of lump sum compensation under regulation 18(2) is the difference between—
(a)
the lump sum which would be payable under regulation 62 of the 2010 Regulations if the member’s credited service under regulation 17 were added to the member’s reckonable service under the 2010 Regulations; and
(b)
the lump sum which would be payable under regulation 62 of the 2010 Regulations if no such addition were made.
Annotations
Commencement
- I1
Reg. 20 in force at 1.4.2015, see reg. 1