Document ID: chunk:federal_register_of_legislation:F2024C00260:clause:1_104:p3
Version: federal_register_of_legislation:F2024C00260
Segment Type: clause
Provision Reference: sch 1 cl 104 (pt 3/3)
Character Range: 1452798–1454244

is the factor calculated in accordance with the following formula:.
                                                                                                                                               where:
                                                                                                                                               Fy is the valuation factor mentioned in Table 1 of this Part that applies to the period in completed years (y) commencing on the relevant date and ending on the date when the person will reach the person's Early Retirement Age.
                                                                                                                                               m is the number of complete months commencing on the relevant date and ending on the date when the person will reach the person's Early Retirement Age that are not included in the completed years mentioned in the definition of the factor Fy.
                                                                                                                                               Fy+1 is the valuation factor mentioned in Table 1 of this Part that applies to the period in completed years (y) commencing on the relevant date and ending 1 year after the date when the person will reach the person's Early Retirement Age.

Table 1 Valuation factors
Number of completed years until Early Retirement Age  Factor