Document ID: chunk:federal_register_of_legislation:F2024C00260:reg:2
Version: federal_register_of_legislation:F2024C00260
Segment Type: reg
Provision Reference: reg 2
Character Range: 662763–666411

2     An interest that a person who is less than 55 has as a member of the MSBS.  EB × EBFy+m,s + FEB × FEFy+m,s + FDB × FDBFy+m + UDB × UDBFy+m + MB
                                                                                  where:
                                                                                  EB is the person's employer benefit that would have been calculated under Schedule 8 to the Rules if the person had ceased membership at the relevant date.
                                                                                  EBFy+m,s is the factor calculated by:
                                                                                  where:
                                                                                  EBFy,s is the valuation factor mentioned in Table 2A (male officers), Table 2B (males other than officers), Table 2C (female officers) or Table 2D (females other than officers) that applies to the person having regard to the person's gender, age in completed years (y), eligible service in completed years (s) at the relevant date, and whether he or she is an officer.
                                                                                  m has the meaning given by item 1.
                                                                                  EBFy+1,s is the valuation factor mentioned in Table 2A (male officers), Table 2B (males other than officers), Table 2C (female officers) or Table 2D (females other than officers) that would apply to the person if the person's age in completed years at the relevant date were one year more than it is.
                                                                                  FEB is the person's funded employer benefit at the relevant date.
                                                                                  FEFy+m,s is the factor calculated by:
                                                                                  where:
                                                                                  FEFy,s is the valuation factor mentioned in Table 3A (male officers), Table 3B (males other than officers), Table 3C (female officers) or Table 3D (females other than officers) that applies to the person having regard to the person's gender, age in completed years (y), eligible service in completed years (s) at the relevant date, and whether he or she is an officer.
                                                                                  m has the meaning given by item 1.
                                                                                  FEFy+1,s is the valuation factor mentioned in Table 3A (male officers), Table 3B (males other than officers), Table 3C (female officers) or Table 3D (females other than officers) that would apply to the person if the person's age in completed years at the relevant date were one year more than it is.
                                                                                  FDB is that part of the person's preserved benefit (if any) that is the funded employer benefit at the relevant date.
                                                                                  FDBFy+m has the meaning given by item 1.
                                                                                  UDB has the meaning given by item 1.
                                                                                  UDBFy+m has the meaning given by item 1.
                                                                                  MB is the person's member benefit at the relevant date.