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Paragraph 2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

“total retirement benefits” means the total of so much of—

(a)

the annual rate of the participator’s retirement pension under these Regulations;

(b)

the annual rate of any retirement pension under the Superannuation Regulations; and

(c)

the actuarial equivalent as an annual pension of any retirement lump sum under the Superannuation Regulations,

together with the total of so much of—

(d)

the annual rate of any pension payable to the participator under any approved scheme; and

(e)

the actuarial equivalent as an annual pension of any retirement lump sum under any approved scheme—

as is attributable to contributions paid while in pensionable employment.