Paragraph 7 I1
Northern Ireland Not yet in force
(1)
This paragraph applies where a lump sum equal to the retirement lump sum that would otherwise have been receivable is paid under paragraphs 10 to 12 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 3 if the lump sum had not been paid; and
(b)
a period of years—
where—
-
A is the retirement lump sum;
-
B is the lump sum that would have been payable under paragraph 8 or 9(5) of Schedule 4;
-
C is so much of the past period as he is not entitled to count under head (a); and
-
D is his average salary.
Annotations
Commencement
- I1
Sch. 7 para. 7 in operation at 2.11.1998, see reg. A1