Annual compensation: general provision
11.—(1) Subject to Part V, an eligible person who has been awarded a credited period is entitled to annual compensation.
(2) The rate at which annual compensation is payable, unless adjusted in accordance with Parts V, VI or VII, is the same as that by which the pension to which—
(a)he is entitled under regulation 26 of the Pension Regulations; or
(b)would be so entitled, but for a relevant disqualification
would be increased, on the relevant assumptions and in accordance with those Regulations, if his total membership were increased by the relevant credited period.
(3) Annual compensation is payable from the day after the termination date.