Document ID: chunk:federal_register_of_legislation:F2011C00487:front:0:p16
Version: federal_register_of_legislation:F2011C00487
Segment Type: other
Provision Reference: 
Character Range: 36839–39713

Step 3  Multiply the annual rate of additional pension by the pension factor worked out in step 2.
Step 4  Subtract the amount worked out in step 2 in subsection 2.06 (2).
Step 5  Divide the amount worked out in step 4 by the pension factor worked out in step 2.

        The result is the annual rate of the additional pension payable after the operative time in respect of the original interest.

 (3) However, if it is not possible to reduce the annual rate of additional pension using subsection (2), the reduction of the annual rate of additional pension is to be calculated by an actuary appointed by CSC for this section.

Part 3 Orders relating to section 110SL amount for the Act

3.01 Section 110SL amount

 (1) For the definition of section 110SL amount in section 146MA of the Act, the section 110SL amount in relation to a member spouse is determined in accordance with this section.

       (2) If the member spouse is, or has been at any time, an eligible employee, the section 110SL amount is determined as follows:
              Step 1 Identify the amount equal to the lump sum that would be payable to the member spouse under section 110SN of the Act if the lump sum had been payable at the operative time.
              Step 2 Subtract from the amount identified in step 1 any part of that amount that would relate to the early release deduction amount.
               The result is the section 110SL amount.

Part 4 Orders relating to section 130B amount for the Act

4.01 Section 130B amount

 (1) For the definition of section 130B amount in section 146MA of the Act, the section 130B amount in relation to a member spouse is determined in accordance with this section.

 (2) If the member spouse is, or has been at any time, an eligible employee, the section 110SL amount is determined as follows:
              Step 1 Identify the amount equal to the lump sum that would be payable to the member spouse under section 110SN of the Act if the lump sum had been payable at the operative time.
              Step 2 Subtract from the amount identified in step 1 any part of that amount that would relate to the early release deduction amount.
               The result is the section 110SL amount.

Schedule 1 Methods and factors used to determine scheme value in relation to member spouse
(section 2.04)

Part 1 Methods

1 Methods and factors for interests of members in the CSS

  For an interest in the CSS mentioned in an item in the following table, the method or factor is mentioned in the item.

Item                                                                                                                                            Kind of interest                                                                                                                                                                        Method or factor