Commonwealth Numbered Regulations

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JUDGES' PENSIONS AMENDMENT REGULATIONS 2007 (NO. 1) (SLI NO 295 OF 2007) - SCHEDULE 1

Amendments

(regulation 3)

   

[1]           After Part 1

insert

Part 1A                Age factor

3A            Age factor

         (1)   For subsection 6C (4) of the Act, the age factor is worked out using the following formula:

                where:

"a" y is the factor mentioned in Schedule 1A that applies to the Judge's gender and age on retirement.

"a" y+1 is the factor mentioned in Schedule 1A that applies to the Judge's gender and age, as if the Judge were 1 year older on retirement.

"d" is the number of days starting at the start of the day after the Judge's last birthday and ending at the end of the day he or she retires.

Note    d is equal to zero if the Judge retires on his or her birthday.

         (2)   In this regulation:

"age" is taken to be the Judge's age at his or her last birthday before or on retirement.

[2]           Before Schedule 1

insert

Schedule 1A       Age factor

(regulation 3A)

 

Age

Male

Female

40

29.073

29.172

41

28.757

28.856

42

28.434

28.531

43

28.102

28.198

44

27.761

27.856

45

27.412

27.506

46

27.054

27.148

47

26.686

26.780

48

26.310

26.404

49

25.924

26.019

50

25.529

25.625

51

25.124

25.220

52

24.710

24.807

53

24.285

24.384

54

23.850

23.952

55

23.405

23.510

56

22.949

23.059

57

22.483

22.598

58

22.006

22.128

59

21.519

21.647

60

21.022

21.156

61

20.515

20.655

62

19.998

20.144

63

19.472

19.622

64

18.937

19.090

65

18.393

18.548

66

17.840

17.997

67

17.279

17.438

68

16.710

16.872

69

16.134

16.297

70

15.550

15.716




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