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4.—(1) A member who is of ACPO rank on date of leaving shall be entitled to a lump sum calculated by multiplying his annual pensionable pay by the appropriate lump sum factor as outlined in the following table:
Years left until expiry of FTA (“X”) | 7 | 6 | 5 | 4 | 3 | 2 | 1 | Officer on 1 year extension | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Months | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 |
Lump sum Factor | 2 3/4 | 2 11/16 | 2 10/16 | 2 9/16 | 2 1/2 | 2 7/16 | 2 6/16 | 2 5/16 | 2 1/4 | 2 3/16 | 2 2/16 | 2 1/16 | 2 | 1 7/8 | 1 6/8 | 1 5/8 | 1 1/2 | 1 3/8 | 1 2/8 | 1 1/8 | 1 | 7/8 | 3/4 | 5/8 | 1/2 | 1/2 | 1/2 | 1/2 | 1/2* | 1/2* | 1/2* | 1/2* |
(2) In the table in sub-paragraph (1), the lump sum factor marked with an asterisk (*) is available only for the first two years of the scheme, from the date of coming into operation of these Regulations.
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