Paragraph 1
Subject to paragraph 2, the maximum length of the period in respect of which an election may be made under regulation C4 or C9 is
where—
-
A is the length of time specified in the second column of the Table below against the person’s adjusted age, and
-
B is the length of any additional period already purchased or in the course of being purchased by him.
TABLE
| Adjusted age | Length of time |
|---|---|
| Under 50 | 30 years |
| 50 and under 51 | 23 years |
| 51 and under 52 | 16 years |
| 52 and under 53 | 9 years |
| 53 and under 54 | 2 years |
| 54 and over | Twice the difference in days between the adjusted age and 55 years |
A person’s adjusted age—
if the person has continued in pensionable employment since the start of his first such employment and has not been credited with reckonable service on the acceptance of a transfer value in respect of comparable British service, is his age at the start of his first pensionable employment, and
in any other case, is
where—
-
C is the person’s age at the start of his most recent pensionable employment, and
-
D is the total of the time he had then spent in pensionable employment and the length of any reckonable service with which he has been credited on the acceptance of a transfer value in respect of comparable British service.