Multiple regular full-time or part-time employments
This section has no associated Policy Notes
38.—(1) This regulation applies if—
(a)a person (P) is in pensionable service in relation to more than one employment; and
(b)each employment is a regular full-time or part-time employment.
(2) P’s annual rate of pensionable earnings is found by—
(a)calculating the D value for each employment; and
(b)adding all the D values.
(3) The D value for an employment is FT x C.
(4) FT means the annual rate of pensionable earnings for that employment.
(5) C means—
where—
(a)for a full-time employment, the A value is 1;
(b)for a part-time employment, the A value is—
(c)PT means the amount payable for a full year of a part-time employment, not its full-time equivalent; and
(d)B is the sum of all the A values.