Document ID: chunk:federal_register_of_legislation:C2025C00162:section:93d
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 93D
Character Range: 461603–462408

93D  How to calculate the amount of pension bonus
 (1) To calculate the amount of a person's pension bonus:
 (a) work out which of the person's bonus periods count as qualifying bonus periods (see section 93E);
 (b) work out the person's overall qualifying period (see section 93F);
 (c) work out the person's pension multiple (see section 93G);
 (d) work out the person's annual pension rate (see section 93H);
 (e) apply the appropriate formula in section 93J.
Note: Bonus period is defined by section 92T.
 (2) For the purposes of this Division, a number of years is to be calculated to 3 decimal places. However, if a number worked out in accordance with this subsection would, if it were calculated to 4 decimal places, end in a digit that is greater than 4, the number is to be increased by 0.001.