59Calculation of final salary

59 Calculation of final salary

For the purposes of this Part, the final salary of a member to whom this Part applies is to be determined in the following manner:

(a) in the case of a member who has not, during any time in his or her period of service as a member, been in receipt of an additional salary – the basic salary payable to the member at the date when his or her service as a member ceased;

(b) in the case of a member who has, at some time in his or her period of service as a member, been in receipt of an additional salary – an amount calculated in accordance with the following formula:

where –

FS is the final salary to be calculated;

A is the basic salary payable to the member at the date when his or her service as a member ceased;

B is the total parliamentary salary that would have been received by the member during his or her period of service as a member calculated at the rates applicable at the date when his or her service as a member ceased;

C is the total basic salary that would have been received by the member during his or her period of service as a member calculated at the rate applicable at the date when his or her service as a member ceased.