Regulation 3 Amendment of regulation E6A(12)

before the words “In calculating the factor by which” insert—

“Where the election under regulation C4B was made before 1st April 2011,”;

after paragraph (12), insert—

“(12A)

Where the election under regulation C4B was made on or after 1st April 2011, in calculating the factor by which additional benefits referred to in paragraph (11) are to be multiplied pursuant to regulation E7A(3A) or (4)—

(a)

PI is the prices index for the second month before the month in which the change in pensionable employment occurred; and

(b)

the definition of X has effect as if for “the date on which the teacher became entitled to payment of retirement benefits” there were substituted “the date of the change in pensionable employment”.