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The Local Government (Early Termination of Employment) (Discretionary Compensation) Regulations (Northern Ireland) 2003
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Lump sum compensation
9.—(1) Subject to Part V, an eligible person who has been awarded a credited period is entitled to compensation in the form of a lump sum if –
(a)on ceasing to hold the terminated employment, he is entitled to a retirement grant under regulation 28 (redundancy, etc.) of the Pension Regulations; or
(b)but for a relevant disqualification, he would be so entitled on the relevant assumptions.
(2) The amount of lump sum compensation payable, unless adjusted in accordance with Part V, is an amount equal to that by which his retirement grant would be increased on the relevant assumptions and in accordance with the Pension Regulations if his total membership were increased by the credited period.
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