# The Teachers' Pensions Regulations 1997, Paragraph 7


(1) This paragraph applies where a lump sum equal to the retirement lump sum that would otherwise have been receivable is paid under paragraphs 10 to 12 of Schedule 4.
(2) Where this paragraph applies, the person is entitled to count as reckonable service—
(a) the period he would have been entitled to count under paragraph 3 if the lump sum had not been paid, and
(b) a period of
ABC-3×D80 years, where
A is the retirement lump sum,
B is the lump sum that would have been payable under paragraph 8 or 9(5) of Schedule 4,
C is so much of the past period as he is not entitled to count under (a) above, and
D is his average salary.

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Source: https://www.legislation.gov.uk/uksi/1997/3001/schedule/7/paragraph/7 (the official version)
Page: https://openlegislation.uk/teachers-pensions-regulations-1997/schedule-7/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.