Paragraph 8 I1

Northern Ireland Not yet in force

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

Sch. 7 para. 1 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 2 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 3 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 4 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 5 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 6 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 7 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 8 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 9 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 7 para. 10 coming into force by Teachers' Superannuation 1998 reg. A1

(1)

This paragraph applies where a person paying additional contributions for a past period in accordance with Method 1, as described in paragraph 1 of Schedule 5, elects to cease to pay such contributions in accordance with paragraph 4 of that Schedule.

(2)

Where this paragraph applies, the person is entitled to count as reckonable service—

A \times \frac{C}{B}

where—

A is the past period;
B is the contribution period; and
C is so much of B as had elapsed by the date on which the election has effect in accordance with paragraph 4(2) of Schedule 5.

Annotations

Commencement

I1: Sch. 7 para. 8 in operation at 2.11.1998, see reg. A1