Document ID: chunk:federal_register_of_legislation:F2011C00487:reg:12
Version: federal_register_of_legislation:F2011C00487
Segment Type: reg
Provision Reference: reg 12
Character Range: 125092–128625

12                                                                                                                                              An interest that a person has in the CSS, if he or she is receiving an associate deferred pension under the Act.                                                                        ADIP × Fy+m

                                                                                                                                                                                                                                                                                                                                        where:

                                                                                                                                                                                                                                                                                                                                        ADIP is the person's annual pension that is subject to indexation in accordance with the consumer price index at the operative time.

                                                                                                                                                                                                                                                                                                                                        Fy+m is the factor calculated by:

                                                                                                                                                                                                                                                                                                                                        where:

                                                                                                                                                                                                                                                                                                                                        Fy is the valuation factor for the person's gender and type of pension mentioned in Table 10 in this Schedule that applies at the person's age in completed years at the operative time.

                                                                                                                                                                                                                                                                                                                                        m has the meaning given in item 1.

                                                                                                                                                                                                                                                                                                                                        Fy+1 is the valuation factor for the person's gender mentioned in Table 10 in this Schedule that would apply to the person if the person's age in completed years were one year more than it is at the operative time.

Part 2 Scheme factors

Table 1A Pension valuation factors (PF) for eligible employees — males

Age  Period of membership (years)
     0                             1         2         3         4         5         6         7         8         9         10        11