# The Teachers (Compensation for Redundancy and Premature Retirement) Regulations 2015, Regulation 20: Calculation of lump sum compensation

Extent: E+W

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.

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Source: https://www.legislation.gov.uk/uksi/2015/601/regulation/20 (the official version)
Page: https://openlegislation.uk/teachers-compensation-for-redundancy-and-premature-retirement-regulations-2015/regulation-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.