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9.—(1) Subject to the following regulations, an eligible person who has been granted a credited period under regulation 7 is entitled to receive annual compensation in accordance with this regulation.
(2) From the day following the material date he is entitled to receive annual compensation at a rate equal to the rate by which the annual retirement pension to which—
(a)he is entitled, on ceasing to hold his former employment, by virtue of regulation D6 of the LGPS Regulations in a case where one of the conditions in paragraph (2) of that regulation is satisfied (early retirement on redundancy, or in the interests of efficiency or on the cessation of a joint appointment); or
(b)but for a relevant disqualification, he would be so entitled on the relevant assumptions and on the further assumption that, if the employing authority might have certified under D6(2)(a) of those Regulations, it has done so,
would be increased on the relevant assumptions and in accordance with those Regulations, if the total period of his membership were increased by the credited period.
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