Rule 35: Total reckonable service
134.Rule 35 provides for the calculation of an individual’s “total reckonable service”. Total reckonable service is used in relation to the calculation of entitlement to short service refunds under Part M and entitlement to transfers under Part N.
135.Total reckonable service is the total of any periods where an individual acquires reckonable service:
as an MSP only (under rule 33);
as an office-holder only (under rule 34); and
as both an MSP and office-holder (under both rules 33 and 34).
136.The wording of the rule avoids any period of service being double-counted. Any period during which an individual is both an MSP and office-holder would be counted under rule 35(c) only.