# The Teachers' Superannuation (Consolidation) Regulations 1988, Paragraph 2


(1) This paragraph applies where a lump sum equal to the retirement lump sum that would otherwise have been receivable is paid under paragraph 6 or 8 of Schedule 4.
(2) Where this paragraph applies, the person is entitled to count as reckonable service—
(a) the period he would have been entitled to count under paragraph 1 if the lump sum had not been paid, and
(b) a period of
ABC-3×D80years, where—
A is the retirement lump sum,
B is the lump sum that would have been payable under paragraph 5 of Schedule 4,
C is so much of the past period as he is not entitled to count under (a) above, and
D is his average salary.

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Source: https://www.legislation.gov.uk/uksi/1988/1652/schedule/7/paragraph/2 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-consolidation-regulations-1988/schedule-7/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.