Document ID: chunk:federal_register_of_legislation:F2024C01248:clause:1a_8
Version: federal_register_of_legislation:F2024C01248
Segment Type: clause
Provision Reference: sch 1A cl 8
Character Range: 245395–246048

8                     65        1.00

 (2) The rate of involuntary exit (including by redundancy, death or invalidity) to be assumed is zero.

3.8  Pensions
 (1) If the fund benefit is a single life pension, the pension is to be valued using the assumptions set out in this Part.
 (2) If the fund benefit is a reversionary pension, the value of the pension is to be taken as the value of the pension assuming it is a single life pension, increased by 10%.

3.9  Mortality of pensioners
  The following table sets out the rates of pensioner mortality (qx) that are to be assumed.

Pensioner mortality (qx) rates
Item                            Age    qx