# The Teachers' Superannuation (Scotland) Regulations 1993, Paragraph 11


The additional transfer value payable shall be calculated in accordance with the formula
(A×B×C)+D where–
A is the period of reckonable service calculated in accordance with regulation F2(6) of these Regulations;
B is the appropriate factor in the Table below;
C in the case of a teacher in pensionable employment is the pensionable salary at 1st April 1978 or, in the case of a person in receipt of retiring allowances, the pensionable salary at date of retirement (increased in accordance with the Pensions (Increase) Act 1971 as appropriate to his retiring allowances as at 1st April 1978 or appropriate later date);
D is interest on (A × B × C) at the rate referred to in paragraph 1(b)(i), compounded with yearly rests, in respect of any period between 1st April 1978 and the day on which the transfer payment is made.
TABLE TRANSFER VALUES FOR THE TRANSFER OF WAR SERVICE
Age last birthday at 1st April 1978
Men
Women
40
0.1009
0.1328
41
0.1018
0.1344
42
0.1024
0.1357
43
0.1031
0.1372
44
0.1038
0.1389
45
0.1045
0.1405
46
0.1058
0.1422
47
0.1073
0.1437
48
0.1085
0.1454
49
0.1099
0.1470
50
0.1111
0.1487
51
0.1125
0.1502
52
0.1150
0.1525
53
0.1176
0.1548
54
0.1203
0.1571
55
0.1229
0.1599
56
0.1267
0.1628
57
0.1306
0.1663
58
0.1345
0.1707
59
0.1397
0.1759
60
0.1463
0.1810
61
0.1465
0.1818
62
0.1469
0.1825
63
0.1473
0.1833
64
0.1478
0.1840
65
0.1480
0.1844
66
0.1436
0.1800
67
0.1392
0.1756
68
0.1355
0.1713
69
0.1311
0.1669
70
0.1267
0.1625
71
0.1230
0.1575
72
0.1190
0.1519
73
0.1144
0.1463
74
0.1106
0.1406
75
0.1063
0.1350
76
0.1019
0.1294
77
0.0981
0.1238
78
0.0938
0.1181
79
0.0900
0.1131
80
0.0854
0.1088
81
0.0815
0.1044
82
0.0775
0.1006
83
0.0735
0.0969
84
0.0698
0.0931
85
0.0661
0.0894
86
0.0623
0.0856
87
0.0585
0.0825
88
0.0554
0.0794
89
0.0525
0.0769
90
0.0496
0.0744
91
0.0467
0.0719
92
0.0440
0.0694
93
0.0419
0.0669
94
0.0398
0.0644
95
0.0377
0.0625
96
0.0356
0.0600
97
0.0342
0.0581
98
0.0321
0.0556
99
0.0306
0.0531

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Source: https://www.legislation.gov.uk/uksi/1992/280/schedule/11/paragraph/11 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-scotland-regulations-1993/schedule-11/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.