SCHEDULE 4 Superannuation of Statutory Officers
1
In its application to a statutory officer in respect of his service as such the principal civil service pension scheme shall be modified as set out in paragraphs 2 and 3.
2
For the purpose of calculating reckonable service (but not qualifying service) any period of service after the commencement of section 70 shall be deemed to be increased by one third; but an officer shall not be deemed by virtue of this paragraph to have more than 40 years’ reckonable service.
3
Notwithstanding paragraph 2, any lump sum payable in addition to pension under the scheme in respect of a period of actual service not exceeding 12 years shall be calculated in accordance with the following Table, with proportionate adjustment for any fraction of a year’s service:—
Length of service | Lump sum |
|---|---|
Up to 8 years | Three eightieths of pensionable pay for each year. |
9 years | Thirtieth eightieths of pensionable pay. |
10 years | Thirty six eightieths of pensionable pay. |
11 years | Forty two eightieths of pensionable pay. |
12 years | Forty eight eightieths of pensionable pay. |
4
Expressions used in this Schedule and in the principal civil service pension scheme have the same meaning in this Schedule as in that scheme.