# The Teachers' Superannuation (Additional Voluntary Contributions) Regulations 1989, Paragraph 7


(1) If the participator retires on his 60th birthday, the permitted amount is the greater of E and F, where–
E is 1/60th of his final remuneration for each of up to 40 years of relevant employment, and
F is the lesser of G and H.
(2) In sub-paragraph (1)–
G is 1/30th of his final remuneration for each of up to 20 years of relevant employment, and
H is 2/3rds of his final remuneration less any retained benefits.

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Source: https://www.legislation.gov.uk/uksi/1989/946/schedule/2/paragraph/7 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-regulations-1989/schedule-2/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

