Document ID: chunk:federal_register_of_legislation:F2025L00281:clause:1_69:p15
Version: federal_register_of_legislation:F2025L00281
Segment Type: clause
Provision Reference: sch 1 cl 69 (pt 15/17)
Character Range: 1825082–1827578

to the person at the relevant date, if the period of suspension were to conclude at that date.
Py+m is the factor calculated in accordance with the formula:

  where:
  Py is the pension valuation factor mentioned in Table 7 of Division 10.4 that applies given the person's gender and the person's age in completed years at the end of the minimum deferral period.
  m is the number of completed months of the person's age that are not included in the person's age in completed years at the end of the minimum deferral period.
  Py+1 is the pension valuation factor mentioned in Table 7 of Division 10.4 that would apply to the person if the person's age in completed years at the end of the minimum deferral period were 1 year more than it is.
Dy+m is the factor calculated in accordance with the formula:
  where:
  Dy is the discount valuation factor mentioned in Table 9 of Division 10.4 that applies for the minimum deferral period in complete years at the relevant date.
  m is the number of complete months of the minimum deferral period that are not included in the remaining complete years of that period at the relevant date.
  Dy+1 is the discount valuation factor mentioned in Table 9 of Division 10.4 that would apply if the minimum deferral period in complete years at the relevant date were 1 more year than it is.
R is the annual pension amount that would be payable to any surviving spouse or de facto partner of the person if the person died on the relevant date.
Ry+m is the factor calculated in accordance with the formula:
  where:
  Ry is the reversion valuation factor mentioned in Table 7 of Division 10.4 that applies given the person's gender and the person's age in completed years at the relevant date.
  m is the number of complete months of the person's age that are not included in the person's age in completed years at the relevant date.
  Ry+1 is the reversion valuation factor mentioned in Table 7 of Division 10.4 that would apply to the person if the person's age in completed years at the relevant date were 1 more year than it is.

13 Method — interest for a person who was a member immediately before 1 February 1990 and is not entitled to make an election under subsection 20 (2) of PCS Act
  For section 5 of this instrument, the method mentioned in the following table is approved for an interest that is held by a person:
 (a) who is not entitled to make an election under subsection 20 (2) of the PCS Act on the relevant date; and
 (b) who:
 (i) was a