# Teachers' Superannuation (Additional Voluntary Contributions) Regulations (Northern Ireland) 1996, Paragraph 11


(1) If the participator retires and is entitled to receive retirement benefits by virtue of regulation 48A of the Principal Regulations, the permitted amount is—
(a) where the participator first entered employment in reckonable service before 1st June 1989, the greater of S and
(N×Q);P and
(b) in any other case, T, where—
N, P and Q have the same respective meanings as in paragraph 10;
S is 1/60th of the participator’s final remuneration for each year of reckonable service up to a maximum of 40 years; and
T is the lesser of the amounts calculated in accordance with paragraph 8(2)(a)(ii) and (2)(b).

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Source: https://www.legislation.gov.uk/nisr/1996/260/schedule/paragraph/11 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-regulations-northern-ireland-1996/schedule/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

