Paragraph 5
If, in calculating the amount of a retirement pension, there is taken into account any period of employment after 2nd April 1961 and before 6th April 1975 which was not non-participating employment the pension is, except as provided in paragraphs 7 and 8, reduced, for each year of such period, and proportionately for part of a year, by the appropriate amount specified in Table 2 below.
TABLE 2
| Annual rate of salary during period | Reduction in retirement pension for each whole year of period | |||
|---|---|---|---|---|
| From 3rd April 1961 to 5th January 1964 | ||||
| Men | Women | |||
| From 6th January 1964 to 5th April 1975 | ||||
| Men | Women | |||
| £ | £ | £ | £ | |
| Not exceeding £468 | nil | nil | nil | nil |
| Over £468 but not exceeding £520 | 0.19 | 0.16 | 0.19 | 0.16 |
| Over £520 but not exceeding £572 | 0.58 | 0.48 | 0.58 | 0.48 |
| Over £572 but not exceeding £624 | 0.96 | 0.80 | 0.96 | 0.80 |
| Over £624 but not exceeding £676 | 1.35 | 1.12 | 1.35 | 1.12 |
| Over £676 but not exceeding £728 | 1.73 | 1.44 | 1.73 | 1.44 |
| Over £728 but not exceeding £780 | 2.12 | 1.76 | 2.12 | 1.76 |
| Over £780 but not exceeding £832 | 2.31 | 1.92 | 2.51 | 2.09 |
| Over £832 but not exceeding £884 | 2.31 | 1.92 | 2.90 | 2.42 |
| Over £884 but not exceeding £936 | 2.31 | 1.92 | 3.29 | 2.74 |
| Over £936 | 2.31 | 1.92 | 3.48 | 2.90 |