Document ID: chunk:federal_register_of_legislation:F2011C00487:reg:1:p2
Version: federal_register_of_legislation:F2011C00487
Segment Type: reg
Provision Reference: reg 1 (pt 2/2)
Character Range: 48949–55524

membership in completed years at the operative time.
                                                                                                                                                                                                                                                                                                                                        m is the number of complete months of the person's age that are not included in the completed years of age at the operative time.

                                                                                                                                                                                                                                                                                                                                        PFy+1,s is the valuation factor mentioned in Table 1A (males) or Table 1B (females) in this Schedule that would apply to the person if the person's age in completed years and period of membership in completed years were one year more than they are at the operative time.

                                                                                                                                                                                                                                                                                                                                        RPFy+m,s is the factor calculated by:

                                                                                                                                                                                                                                                                                                                                        where:

                                                                                                                                                                                                                                                                                                                                        RPFy,s is the valuation factor mentioned in an item in Table 2A (males) or Table 2B (females) in this Schedule that applies at the person's age in completed years and period of membership in completed years at the operative time.

                                                                                                                                                                                                                                                                                                                                        m has the meaning given above.
                                                                                                                                                                                                                                                                                                                                        RPFy+1,s is the valuation factor mentioned in Table 2A (males) or Table 2B (females) in this Schedule that would apply to the person if the person's age in completed years were one year more than it is at the operative time.

                                                                                                                                                                                                                                                                                                                                        SG is any superannuation guarantee top‑up benefit to which the person would be entitled if he or she had ceased being an eligible employee at the operative time.

                                                                                                                                                                                                                                                                                                                                        LSFy+m,s is the factor calculated by:

                                                                                                                                                                                                                                                                                                                                        where:

                                                                                                                                                                                                                                                                                                                                        LSFy,s is the valuation factor mentioned in Table 3A (males) or Table 3B (females) in this Schedule that applies at the person's age in completed years and period of membership in completed years at the operative time.

                                                                                                                                                                                                                                                                                                                                        m has the meaning given above.

                                                                                                                                                                                                                                                                                                                                        LSFy+1,s is the valuation factor mentioned in Table 3A (males) or Table 3B (females) in this Schedule that would apply to the person if the person's age in completed years were one year more than it is at the operative time.

                                                                                                                                                                                                                                                                                                                                        ERDA in relation to a member spouse who is, or has been at any time, an eligible employee, is the amount, if any, of the early release deduction amount at the operative time, less any part of that amount that relates to a benefit reduction made under section 79D of the Act before the operative time.