How does part-time employment count towards Pensionable Service?
The amount of earnings of a period of part-time employment is divided by the annual salary rate prevailing during that period and the result multiplied by 365. If the annual salary rate is £20,000, you work part-time 2 days per week from October to February and earn £2,000 you would generate 36.5 days of pensionable service. All service is counted in years and days and benefits are calculated on your total pensionable service at retirement.
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