Document ID: chunk:federal_register_of_legislation:F2025L00281:clause:1_98:p2
Version: federal_register_of_legislation:F2025L00281
Segment Type: clause
Provision Reference: sch 1 cl 98 (pt 2/4)
Character Range: 1498202–1500574

consider if, at the relevant date, STC had approved the payment of an annual superannuation allowance to the person under subsection 3 (2) of the PAES Act.
B is the total number of days, in the period commencing on the day when section 3 of the PAES Act commenced to have effect in respect of the person and ending at the end of the relevant date, for which the person has paid:
 (a) an amount or amounts equivalent to contributions that would have been deducted from his or her salary of office under section 5 of the PRS Act if he or she had not resigned office as a member of the police force; or
 (b) an amount or amounts that he or she would have been required to pay under section 5A of the PRS Act, in respect of one or more periods of leave without pay or special leave without pay, if he or she had not resigned office as a member of the police force.
C is the total number of days, as at the relevant date (including, if applicable, that date) for which the person has paid:
 (a) an amount or amounts equivalent to contributions that would have been deducted from his or her salary of office under section 5 of the PRS Act if he or she had not resigned office as a member of the police force; or
 (b) an amount or amounts that he or she would have been required to pay under section 5A of the PRS Act, in respect of one or more periods of leave without pay or special leave without pay, if he or she had not resigned office as a member of the police force.
ESR is the equivalent service ratio of the person, at the relevant date, that is based on the service of the person as:
 (a) an employee of the Association; and
 (b) a former member of the police force.
NEA is the person's notional employee account, being the sum of the amounts referred to in paragraphs 10 (1) (a), (b) and (c) of the Police Superannuation Regulation if STC were required to reduce the amount of the person's benefit under subsection 14AA (1) of the PRS Act, at the relevant date.
 (2) In clause 2:
Fae,y+m is calculated in accordance with the formula:
where:
Fae,y is the valuation factor mentioned in whichever of Table 1 or 2 of Division 6.4 is applicable, given:
 (i) the person's gender; and
 (ii) the person's age in completed years (y) at the relevant date; and
 (iii) the person's age at entry (ae).
m is the number of complete months of the person's age that are not included in