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SCHEDULE 1SScottish Parliamentary Pension Scheme

Part U SKey terms

InterpretationS

109(1)In the scheme—S

(2)References in the scheme to the amount of an individual's scheme pension are references to the amount of scheme pension payable to the individual under rule 37(2) and, unless the contrary intention appears, are to be read as including any reduction or enhancement to that amount attributable to—

(a)rules 43(2), 44(2), 46(4), 50 or 95, or

(b)section 31 of the Welfare Reform and Pensions Act 1999 (c. 30) or any other enactment,

and references to the annual amount of an individual's scheme pension are to be construed accordingly.

(3)References in the scheme to an amount of scheme member contributions “with interest” are references an amount equal to—

(a)the amount of those contributions, and

(b)compound interest of 4% each year accruing from the date each contribution was paid (calculated with annual rests).