Document ID: chunk:federal_register_of_legislation:F2025L00281:clause:1_1
Version: federal_register_of_legislation:F2025L00281
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 2569904–2571672

1     An interest that a person has in the SA Judges' Pensions Scheme if the person is entitled to a pension under that Scheme.  where:
                                                                                                                                 P is the annual pension payable to the person under the SA Judges' Pensions Act.
                                                                                                                                 PFy+m is the factor calculated in accordance with the following formula:
                                                                                                                                 where:
                                                                                                                                 PFy is the pension valuation factor mentioned in Table 4 of this Part that applies at the relevant date to the person's gender, age in completed years (y) and the type of pension.
                                                                                                                                 m is the number of complete months of the person's age that are not included in the person's completed years of age.
                                                                                                                                 PFy+1 is the valuation factor mentioned in Table 4 of this Part that would apply to the person if the person's age (y) were one year more than the person's age in completed years at the relevant date.

Division 5.4 Factors

Table 1 Valuation factors — Serving Judges

     Retirement Age of 65           Retirement Age of 70
Age  Males                 Females                        Males   Females