Document ID: chunk:federal_register_of_legislation:F2025L00281:reg:4
Version: federal_register_of_legislation:F2025L00281
Segment Type: reg
Provision Reference: reg 4
Character Range: 497399–501470

4                                                                                                                                                                                            An interest that a person has in the DFRB scheme if he or she is entitled to:                                                                                                                      IP × IPFy+m
                                                                                                                                                                                              (a) a pension under section 55, 57 or 64 of the DFRB Act;                                                                                                                                         where:
                                                                                                                                                                                              (b) an associate pension under subsection 80B (2) of the DFRB Act.                                                                                                                                IP is the person's annual pension, other than any part of that pension that is additional pension paid in respect of any child of the person under paragraph 55 (1) (b) or 57 (1) (b) of the DFRB Act, at the relevant date.
                                                                                                                                                                                                                                                                                                                                                                                                IPFy+m is the factor calculated in accordance with the following formula:
                                                                                                                                                                                                                                                                                                                                                                                                where:
                                                                                                                                                                                                                                                                                                                                                                                                IPFy is the spouse indexed pension valuation factor mentioned in Table 7A or 7B for the person's gender and 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 completed years of age at the relevant date.
                                                                                                                                                                                                                                                                                                                                                                                                IPFy+1 is the spouse indexed pension valuation factor mentioned in Table 7A or 7B that would apply if the person's age in completed years at the relevant date were 1 year more than it is.

Division 3.4 Factors

Table 1   Deferred pension valuation factors

        Male                                Female
Age     Single Life (DPF)  Reversion (RPF)          Single Life (DPF)  Reversion (RPF)