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The Teachers' Pensions (Amendment) Regulations 1998
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- UK Statutory Instruments
- 1998 No. 2255
- Regulation 14
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Amendment of Principal Regulations
14. In Schedule 10, after paragraph 28 there shall be inserted the following paragraph—
“28A—(1) Where regulation E5(3) applies to a person who is also entitled to an annual pension in respect of admitted service the rate of that pension is the rate calculated in accordance with paragraph 28(1) multiplied by the factor set out in Table 1 in Schedule 9 corresponding to the age of that person in complete years and months when he became entitled to payment of that pension.
(2) Where regulation E6(3) applies to a person who is also entitled to a lump sum in respect of admitted service then the amount of the lump sum is the amount calculated in accordance with paragraph 28(2) multiplied by the factor set out in Table II in Schedule 9 corresponding to the age of that person in complete years and months when he became entitled to payment of that lump sum.”.
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