Document ID: chunk:federal_register_of_legislation:C2022C00261:clause:1_6:p2
Version: federal_register_of_legislation:C2022C00261
Segment Type: clause
Provision Reference: sch 1 cl 6 (pt 2/2)
Character Range: 182683–184109

the person was an eligible member of the Defence Force within the meaning of the 1973 Act; and
     (c) interest in respect of the amount (if any) in paragraph (b) which would have accrued before the date of the person's transfer if so much of that amount:
          (i) as accrued before 1 October 1991 had been earning interest at the rates applicable in accordance with Schedule 11; and
          (ii) as accrued on or after 1 October 1991 had been funded; and
     (d) interest in respect of the amounts (if any) in paragraphs (b) and (c) which would have accrued after the date of the person's transfer if those amounts had been funded; and
"NEB" means the notional employer benefit in relation to the person obtained by calculating an employer benefit for the person in accordance with Part 3 as if that Part applied to the person; and
"P" means the percentage derived from the following table in relation to the period of the person's aggregated service as if the table included a factor, in respect of the number of days in excess of the total number of whole years of the person's aggregated service (in this paragraph called "excess days"), being a factor which bears, to the difference between the factor for that whole number of years and the next higher factor in the table, the same proportion as the number of excess days bears to the number of days in a year:

Completed years
of aggregated service  Percentage