Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:16:p28
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 16 (pt 28/106)
Character Range: 171545–178091

Average Salary Factors
Cessation otherwise than on involuntary retirement                                                                                                                                                                                                                               Cessation on involuntary retirement
NOTE:  The factors defined for the case of not ceasing on involuntary retirement are used to calculate average salary on cessation on involuntary retirement, if the date of cessation is an anniversary of the regular member's birth, or is treated as such under Rule 3.5.4.
Three or more anniversaries of birth in period of membership  (see also Rule 3.5.5)

X  is 0.                                                                                                                                                                                                                                                                         X is the amount calculated by the following formula:
                                                                                                                                                                                                                                                                                 where:
                                                                                                                                                                                                                                                                                 D  is 1 plus the number of days between the date of the regular member's cessation on involuntary retirement and the date of the anniversary of his/her birth immediately preceding the date of cessation; and
                                                                                                                                                                                                                                                                                 O  is the regular member's salary for average salary purposes (see Rule 3.5.2) on the date of his/her cessation on involuntary retirement; and
                                                                                                                                                                                                                                                                                 P  is the regular member's salary for average salary purposes (see Rule 3.5.2) on the anniversary of his/her birth immediately preceding the anniversary in B2  below.
B1   is                                                                                                                                                                                                                                                                          B1   is
the regular member's salary for average salary purposes (see Rule 3.5.2) on the anniversary of his/her birth immediately preceding the day at which the calculation is made, or on that day if it is an anniversary of his/her birth.                                            the regular member's salary for average salary purposes (see Rule 3.5.2) on the anniversary of his/her birth immediately preceding the date of cessation on involuntary retirement.
B2  is
the regular member's salary for average salary purposes (see Rule 3.5.2) on the anniversary of his/her birth immediately preceding the anniversary in the definition of B1.
B3  is                                                                                                                                                                                                                                                                           B3  is 0.
the regular member's salary for average salary purposes (see Rule 3.5.2) on the anniversary of his/her birth immediately preceding the anniversary in the definition of B2.
E  is 0.
n  is 3.
Two anniversaries of birth in period of membership (see also Rule 3.5.5)
X  is 0.                                                                                                                                                                                                                                                                         X is the amount calculated by the following formula:
                                                                                                                                                                                                                                                                                 where:
                                                                                                                                                                                                                                                                                 D  is 1 plus the number of days between the date of the regular member's cessation on involuntary retirement and the date of the anniversary of his/her birth immediately preceding the date of cessation; and
                                                                                                                                                                                                                                                                                 O  is the regular member's salary for average salary purposes (see Rule 3.5.2) on the date of his/her cessation on involuntary retirement; and
                                                                                                                                                                                                                                                                                 P  is the regular member's salary for average salary purposes (see Rule 3.5.2) on his/her first day of membership.
B1   is                                                                                                                                                                                                                                                                          B1   is
the regular member's salary for average salary purposes (see Rule 3.5.2) on the anniversary of his/her birth immediately preceding the day at which the calculation is made, or on that day if it is an anniversary of his/her birth.                                            the regular