Paragraph 2 Meaning of “amount of extra pension”I1

Scotland

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.

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