Document ID: chunk:federal_register_of_legislation:F2025C00069:schedule:1aab:p2
Version: federal_register_of_legislation:F2025C00069
Segment Type: schedule
Provision Reference: sch 1AAB (pt 2/2)
Character Range: 784036–784700

the amount determined under the formula in clause 2.
3B.  For the financial years commencing on 1 July 2011 and 1 July 2012, the minimum limit is 75% of the amount determined under the formula in clause 2.
4.  An amount determined under the formula in clause 1 or clause 2, is rounded to the nearest 10 whole dollars.
5.  In a year in which a PVF of 1 is used in calculating the maximum limit under clause 1, payment of the full account balance may be made at any time during the year.

Table
Column 1  Column 2            Column 3                          Column 4

Item      Age of Beneficiary  Maximum Pension Valuation Factor  Minimum Pension Valuation Factor