Paragraph 2 Meaning of “amount of extra pension”
The amount of extra pension for a person (P) at any given time is the sum of the following—
(a)
the amount of accrued extra earned pension (if any) at that time;
(b)
the amount of accrued additional pension (if any) at that time;
(c)
the buy-out value at that time, if P has elected to buy out the standard reduction.