# The Teachers (Compensation for Redundancy and Premature Retirement) Regulations 2015, Regulation 23: Adult Compensation

Extent: E+W

Subject to regulation 29, the rate of the long-term compensation payable to a person (P) who is not a child (“adult compensation”) is—
(a) if P is a member of the existing scheme with a normal pension age of 60, one half of the notional annual compensation rate;
(b) if P is a member of an existing scheme with a normal pension age of 65, a transition member or a member of the 2015 scheme, 37.5% of the notional annual compensation rate.

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Source: https://www.legislation.gov.uk/uksi/2015/601/regulation/23 (the official version)
Page: https://openlegislation.uk/teachers-compensation-for-redundancy-and-premature-retirement-regulations-2015/regulation-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.