# The Teachers' Pensions Regulations 1997, Paragraph 8


(1) This paragraph applies where a person paying additional contributions in accordance with Method 1, as described in paragraph 1 of Schedule 5, elects to cease to pay such contributions in accordance with paragraph 4 of that Schedule.
(2) Where this paragraph applies, the person is entitled to count as reckonable service—
A×CB where—
A is the number of years (or part thereof) elected to be purchased,
B is the period for which contributions were payable, and
C is so much of B as had elapsed by the date on which the election has effect in accordance with paragraph 4(2) of Schedule 5.

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Source: https://www.legislation.gov.uk/uksi/1997/3001/schedule/7/paragraph/8 (the official version)
Page: https://openlegislation.uk/teachers-pensions-regulations-1997/schedule-7/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.