Document ID: chunk:federal_register_of_legislation:F2024C00260:clause:1_4
Version: federal_register_of_legislation:F2024C00260
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 1385304–1387575

4     An interest that a person has as a result of an entitlement to an associate deferred pension (not yet payable) in accordance with section 17AB of the Pensions Act.  where:
                                                                                                                                                                           ATA is the amount calculated under step 2A of section 8 of the Judges' Pensions Order 2013, but with the reference to the time when the associate deferred pension becomes payable taken to be a reference to the relevant date.
                                                                                                                                                                           m is the number of complete months of the person's age, at the relevant date, that are not included in the completed years of age.
                                                                                                                                                                           PFy is the pension valuation factor mentioned in Table 3 in relation to a spouse pension for the person's gender and age in completed years at the relevant date.
                                                                                                                                                                           PFy+1 is the pension valuation factor mentioned in Table 3 in relation to a spouse pension that would apply if the person's age in completed years at the relevant date were 1 year more than it is.
                                                                                                                                                                           SVPFy is the scheme value pension factor mentioned in Table 4 for the person's gender and age in completed years at the relevant date.
                                                                                                                                                                           SVPFy+1 is the scheme value pension factor mentioned in Table 4 that would apply if the person's age in completed years at the relevant date were 1 year more than it is.

Division 6.3—Interests in the payment phase