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: 2514137–2516975

1     An interest that a person has as an old scheme contributor, or the surviving spouse of an old scheme contributor, in the SA Police Superannuation Scheme, as a result of a pension entitlement under the repealed Pensions Act that commenced to be paid before 1 June 1990.  P × Fy+m
                                                                                                                                                                                                                                                                                    where:
                                                                                                                                                                                                                                                                                    P is the person's annual pension at the relevant date.
                                                                                                                                                                                                                                                                                    Fy+m is the factor calculated in accordance with the following formula:
                                                                                                                                                                                                                                                                                    where:
                                                                                                                                                                                                                                                                                    Fy is the factor mentioned in Table 5 of this Part that applies at the relevant date to the person's age in completed years for the person's gender and type of pension.
                                                                                                                                                                                                                                                                                    m is the number of complete months occurring after the person's last birthday before the relevant date and before that date.
                                                                                                                                                                                                                                                                                    Fy+1 is the factor mentioned in Table 5 of this Part that would apply to the person if the person's age were one year more than the person's age in completed years at the relevant date.