Paragraph 1

(1)

Subject to paragraph 2, the maximum length of the period in respect of which an election may be made under regulation C3 or C8 is A−B, where—

A is the length of time specified in the second column of the Table below against the person’s adjusted age, and

B is the length of any additional period already purchased or in course of being purchased by him.

TABLE

Adjusted age	Length of time
Under 50	30 years
50 and under 51	23 years
51 and under 52	16 years
52 and under 53	9 years
53 and under 54	2 years
54 and over	Twice the difference in days between the adjusted age and 55 years

(2)

A person’s adjusted age—

(a)

if he has continued in pensionable employment since the start of his first such employment and has not been credited with reckonable service on the receipt of a transfer value in respect of comparable British service, is his age at the start of his first pensionable employment, and

(b)

in any other case, is C−D, where—

C is his age at the start of his most recent pensionable employment, and
D is the total of the time he had then spent in pensionable employment and the length of any reckonable service with which he has been credited on the receipt of a transfer value in respect of comparable British service.