# The Teachers' Pensions Regulations 2010, Paragraph 16


(1) Except where paragraph 15 applies, the person who makes an election under paragraph 1 or 8 must pay family benefit contributions to the Secretary of State by way of a lump sum calculated in accordance with the Method 2 formula in sub-paragraph (2) within 3 months of receiving written notice of the amount of the lump sum.
(2) The Method 2 formula is A × B × C,
where—
A is the multiplier determined from time to time by the Secretary of State (after taking advice from the scheme actuary) for the purpose of this Part for a person of the same sex as the qualifying person's beneficiary (as defined in paragraph 9),
B is the period (in years) specified under paragraph 10, and
C is the annual rate of the qualifying person's contributable salary.

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Source: https://www.legislation.gov.uk/uksi/2010/990/schedule/5/paragraph/16 (the official version)
Page: https://openlegislation.uk/teachers-pensions-regulations-2010/schedule-5/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

