Document ID: chunk:federal_register_of_legislation:F2013L00456:reg:11:p2
Version: federal_register_of_legislation:F2013L00456
Segment Type: reg
Provision Reference: reg 11 (pt 2/2)
Character Range: 18458–20216

the increases in the transfer amount calculated in step 2C for each financial year in the second period.

            rate is the Treasury bond rate for the financial year in which the final period occurs.
            time is the number of days in the final period.
            Round the result to 2 decimal places (rounding up if the third decimal place is 5 or more).
           Step 3. Identify the associate deferred allowance, as calculated under subsection 4AC(1) of the Act on the date of payment, disregarding the payment split.
           Step 4. Calculate an amount using the formula:

            where:
            Fy is the number in Table 1 that applies to the member spouse's gender, and age in whole years, when the allowance becomes payable.
            Fy+1 is the number in Table 1 that would apply to the member spouse if the member spouse's age in whole years was one year more than it was when the allowance first became payable.
            m is the number of whole months of the member spouse's age that are not included in the member spouse's age in whole years when the allowance becomes payable.
           Step 5. Multiply the amount identified in step 3 by the amount calculated in step 4.
           Step 6. Reduce the amount calculated in step 5 by the transfer amount, as increased in step 2A.
           Step 7. Divide the amount calculated in step 6 by the amount calculated in step 4.
           Step 8. Divide the amount calculated in step 7 by the Chief Justice's salary when the associate deferred allowance becomes payable.
            Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
           Step 9. Multiply the amount calculated in step 8 by the Chief Justice's salary.