PART V—RETIREMENT COMPENSATION AND PAYMENTS ON DEATH
Retirement compensation for loss of emoluments payable to pensionable officer on attainment of normal retiring age18
1
Subject to the provisions of these regulations, when a person to whom this Part of these regulations applies reaches normal retiring age, the retirement compensation payable to him for loss of emoluments shall be—
a
an annual sum equal to the amount of his accrued pension, and
b
a lump sum equal to the amount of his accrued retiring allowance (if any).
2
No compensation shall be payable under this regulation if the person has continued to pay superannuation contributions as if he had suffered no loss of emoluments.