RPSM11300070 - Administrator Pages: The Lifetime allowance: How the lifetime allowance is operated

How is a lifetime allowance enhancement factor applied at a BCE?

If a member is entitled to extra lifetime allowance the amount that they are entitled to at a BCE is obtained by multiplying the standard lifetime allowance that applies at the time of the BCE by the enhancement factor and then adding this figure to the prevailing standard lifetime allowance see RPSM11101100. If the member is entitled to more than one enhancement factor these should be added together before multiplying them by the standard lifetime allowance.