Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Regulation 3
SCHEDULE 1
TABLE 1
Men (excluding surviving spouse members) who are under pensionable age
Age attained in relevant tax year | Factor A | Factor B1 | Factor B2 | Factor C1 | Factor C2 |
---|
16 | 4·14 | 2·17 | 2·87 | 2·75 | 3·64 |
17 | 4·24 | 2·24 | 2·94 | 2·83 | 3·73 |
18 | 4·33 | 2·30 | 3·01 | 2·92 | 3·81 |
19 | 4·43 | 2·37 | 3·07 | 3·00 | 3·90 |
20 | 4·53 | 2·43 | 3·14 | 3·09 | 3·99 |
21 | 4·63 | 2·50 | 3·22 | 3·17 | 4·08 |
22 | 4·74 | 2·58 | 3·29 | 3·27 | 4·17 |
23 | 4·85 | 2·65 | 3·36 | 3·36 | 4·26 |
24 | 4·96 | 2·73 | 3·44 | 3·46 | 4·36 |
25 | 5·07 | 2·81 | 3·52 | 3·56 | 4·46 |
26 | 5·19 | 2·89 | 3·60 | 3·66 | 4·56 |
27 | 5·31 | 2·97 | 3·68 | 3·77 | 4·67 |
28 | 5·43 | 3·06 | 3·77 | 3·88 | 4·77 |
29 | 5·55 | 3·14 | 3·85 | 3·99 | 4·88 |
30 | 5·68 | 3·23 | 3·94 | 4·10 | 4·99 |
31 | 5·81 | 3·33 | 4·03 | 4·22 | 5·11 |
32 | 5·94 | 3·42 | 4·12 | 4·34 | 5·22 |
33 | 6·07 | 3·52 | 4·21 | 4·46 | 5·34 |
34 | 6·20 | 3·62 | 4·30 | 4·59 | 5·46 |
35 | 6·34 | 3·72 | 4·40 | 4·72 | 5·58 |
36 | 6·48 | 3·83 | 4·50 | 4·85 | 5·70 |
37 | 6·63 | 3·93 | 4·60 | 4·99 | 5·83 |
38 | 6·77 | 4·04 | 4·70 | 5·13 | 5·96 |
39 | 6·92 | 4·16 | 4·81 | 5·27 | 6·09 |
40 | 7·08 | 4·28 | 4·91 | 5·42 | 6·23 |
41 | 7·23 | 4·40 | 5·02 | 5·57 | 6·36 |
42 | 7·40 | 4·52 | 5·14 | 5·73 | 6·51 |
43 | 7·56 | 4·65 | 5·25 | 5·89 | 6·65 |
44 | 7·73 | 4·78 | 5·37 | 6·06 | 6·80 |
45 | 7·90 | 4·92 | 5·49 | 6·23 | 6·95 |
46 | 8·07 | 5·06 | 5·61 | 6·41 | 7·11 |
47 | 8·25 | 5·20 | 5·74 | 6·59 | 7·27 |
48 | 8·44 | 5·35 | 5·87 | 6·77 | 7·43 |
49 | 8·63 | 5·50 | 6·00 | 6·96 | 7·59 |
50 | 8·82 | 5·66 | 6·14 | 7·16 | 7·77 |
51 | 9·02 | 5·82 | 6·28 | 7·37 | 7·94 |
52 | 9·22 | 5·99 | 6·42 | 7·58 | 8·12 |
53 | 9·43 | 6·16 | 6·57 | 7·79 | 8·31 |
54 | 9·64 | 6·34 | 6·72 | 8·02 | 8·50 |
55 | 9·86 | 6·53 | 6·88 | 8·25 | 8·69 |
56 | 10·09 | 6·72 | 7·04 | 8·49 | 8·89 |
57 | 10·32 | 6·91 | 7·20 | 8·73 | 9·10 |
58 | 10·56 | 7·12 | 7·38 | 8·99 | 9·31 |
59 | 10·82 | 7·34 | 7·56 | 9·27 | 9·54 |
60 | 11·09 | 7·58 | 7·76 | 9·56 | 9·79 |
61 | 11·37 | 7·82 | 7·96 | 9·86 | 10·04 |
62 | 11·67 | 8·08 | 8·17 | 10·18 | 10·30 |
63 | 11·99 | 8·35 | 8·40 | 10·53 | 10·59 |
64 | 12·33 | 8·64 | 8·64 | 10·89 | 10·89 |
65 | 13·45 | 9·44 | 9·44 | 11·88 | 11·88 |
TABLE 2
Women (excluding surviving spouse members) who have a pensionable age of 65 and are under that age
Age attained in relevant tax year | Factor D | Factor E1 | Factor E2 | Factor F1 | Factor F2 |
---|
16 | 4·32 | 2·21 | 2·94 | 2·86 | 3·79 |
17 | 4·42 | 2·27 | 3·00 | 2·94 | 3·88 |
18 | 4·52 | 2·34 | 3·07 | 3·02 | 3·97 |
19 | 4·62 | 2·40 | 3·14 | 3·11 | 4·05 |
20 | 4·72 | 2·47 | 3·21 | 3·19 | 4·14 |
21 | 4·82 | 2·54 | 3·28 | 3·28 | 4·24 |
22 | 4·93 | 2·62 | 3·35 | 3·38 | 4·33 |
23 | 5·04 | 2·69 | 3·43 | 3·47 | 4·43 |
24 | 5·15 | 2·77 | 3·50 | 3·57 | 4·53 |
25 | 5·27 | 2·84 | 3·58 | 3·67 | 4·63 |
26 | 5·39 | 2·92 | 3·66 | 3·78 | 4·73 |
27 | 5·51 | 3·01 | 3·74 | 3·88 | 4·84 |
28 | 5·63 | 3·09 | 3·83 | 3·99 | 4·94 |
29 | 5·75 | 3·18 | 3·91 | 4·11 | 5·05 |
30 | 5·88 | 3·27 | 4·00 | 4·22 | 5·17 |
31 | 6·01 | 3·36 | 4·08 | 4·34 | 5·28 |
32 | 6·14 | 3·45 | 4·17 | 4·47 | 5·40 |
33 | 6·28 | 3·55 | 4·26 | 4·59 | 5·52 |
34 | 6·42 | 3·65 | 4·36 | 4·72 | 5·64 |
35 | 6·56 | 3·75 | 4·45 | 4·85 | 5·76 |
36 | 6·70 | 3·86 | 4·55 | 4·99 | 5·89 |
37 | 6·85 | 3·96 | 4·65 | 5·13 | 6·02 |
38 | 7·00 | 4·07 | 4·75 | 5·27 | 6·15 |
39 | 7·15 | 4·19 | 4·86 | 5·42 | 6·29 |
40 | 7·31 | 4·30 | 4·96 | 5·57 | 6·42 |
41 | 7·47 | 4·42 | 5·07 | 5·73 | 6·57 |
42 | 7·64 | 4·55 | 5·18 | 5·89 | 6·71 |
43 | 7·80 | 4·68 | 5·29 | 6·06 | 6·86 |
44 | 7·98 | 4·81 | 5·41 | 6·23 | 7·01 |
45 | 8·15 | 4·94 | 5·53 | 6·40 | 7·17 |
46 | 8·33 | 5·08 | 5·65 | 6·58 | 7·33 |
47 | 8·52 | 5·22 | 5·78 | 6·77 | 7·49 |
48 | 8·71 | 5·37 | 5·91 | 6·96 | 7·66 |
49 | 8·91 | 5·53 | 6·04 | 7·17 | 7·83 |
50 | 9·11 | 5·68 | 6·18 | 7·37 | 8·01 |
51 | 9·32 | 5·85 | 6·32 | 7·59 | 8·19 |
52 | 9·53 | 6·02 | 6·46 | 7·81 | 8·39 |
53 | 9·75 | 6·20 | 6·61 | 8·04 | 8·58 |
54 | 9·98 | 6·38 | 6·77 | 8·27 | 8·78 |
55 | 10·21 | 6·57 | 6·92 | 8·52 | 8·98 |
56 | 10·45 | 6·76 | 7·09 | 8·77 | 9·20 |
57 | 10·70 | 6·97 | 7·26 | 9·04 | 9·42 |
58 | 10·96 | 7·18 | 7·44 | 9·32 | 9·65 |
59 | 11·23 | 7·41 | 7·63 | 9·61 | 9·90 |
60 | 11·52 | 7·64 | 7·82 | 9·91 | 10·15 |
61 | 11·82 | 7·89 | 8·03 | 10·24 | 10·42 |
62 | 12·14 | 8·15 | 8·25 | 10·57 | 10·70 |
63 | 12·47 | 8·42 | 8·47 | 10·93 | 10·99 |
64 | 12·82 | 8·71 | 8·71 | 11·30 | 11·30 |
65 | 13·93 | 9·47 | 9·47 | 12·29 | 12·29 |
TABLE 3
Women (excluding surviving spouse members) who have a pensionable age of 60 and are under that age
Age attained in relevant tax year | Factor D | Factor E1 | Factor E2 | Factor F1 | Factor F2 |
---|
48 | 11·31 | 6·89 | 7·35 | 9·16 | 9·78 |
49 | 11·57 | 7·09 | 7·52 | 9·43 | 10·00 |
50 | 11·84 | 7·30 | 7·70 | 9·71 | 10·24 |
51 | 12·12 | 7·51 | 7·88 | 9·99 | 10·48 |
52 | 12·40 | 7·73 | 8·06 | 10·29 | 10·73 |
53 | 12·69 | 7·96 | 8·25 | 10·60 | 10·98 |
54 | 13·00 | 8·20 | 8·45 | 10·92 | 11·25 |
55 | 13·31 | 8·45 | 8·65 | 11·25 | 11·52 |
56 | 13·64 | 8·71 | 8·87 | 11·59 | 11·80 |
57 | 13·97 | 8·98 | 9·09 | 11·95 | 12·10 |
58 | 14·33 | 9·27 | 9·32 | 12·33 | 12·41 |
59 | 14·69 | 9·56 | 9·56 | 12·73 | 12·73 |
60 | 15·93 | 10·37 | 10·37 | 13·80 | 13·80 |
TABLE 4
Women (excluding surviving spouse members) who have a pensionable age between 60 and 65 and are under that age
Relevant tax year | 1997/98 | 1998/99 | 1999/2000 | 2000/01 | 2001/02 |
---|
Tax year of birth | Factor D |
1950/51 | | 10·76 | 11·01 | 11·26 | 11·52 | 11·79 |
1951/52 | | 10·03 | 10·25 | 10·49 | 10·73 | 10·97 |
1952/53 | | 9·32 | 9·53 | 9·75 | 9·97 | 10·19 |
1953/54 | | 8·65 | 8·84 | 9·04 | 9·24 | 9·45 |
1954/55 | | 8·00 | 8·17 | 8·35 | 8·54 | 8·73 |
Tax year of birth | Factor E1 |
1950/51 | | 6·53 | 6·71 | 6·91 | 7·11 | 7·32 |
1951/52 | | 6·06 | 6·23 | 6·41 | 6·59 | 6·79 |
1952/53 | | 5·61 | 5·77 | 5·94 | 6·11 | 6·28 |
1953/54 | | 5·19 | 5·34 | 5·49 | 5·64 | 5·80 |
1954/55 | | 4·78 | 4·92 | 5·06 | 5·20 | 5·35 |
Tax year of birth | Factor E2 |
1950/51 | | 7·03 | 7·19 | 7·35 | 7·52 | 7·69 |
1951/52 | | 6·59 | 6·74 | 6·90 | 7·05 | 7·21 |
1952/53 | | 6·18 | 6·32 | 6·46 | 6·61 | 6·76 |
1953/54 | | 5·78 | 5·91 | 6·04 | 6·18 | 6·32 |
1954/55 | | 5·40 | 5·52 | 5·64 | 5·77 | 5·90 |
Tax year of birth | Factor F1 |
1950/51 | | 8·65 | 8·91 | 9·17 | 9·43 | 9·71 |
1951/52 | | 8·00 | 8·23 | 8·47 | 8·71 | 8·97 |
1952/53 | | 7·37 | 7·58 | 7·80 | 8·03 | 8·26 |
1953/54 | | 6·78 | 6·97 | 7·17 | 7·38 | 7·59 |
1954/55 | | 6·21 | 6·39 | 6·57 | 6·76 | 6·95 |
Tax year of birth | Factor F2 |
1950/51 | | 9·32 | 9·53 | 9·75 | 9·98 | 10·21 |
1951/52 | | 8·71 | 8·90 | 9·11 | 9·32 | 9·53 |
1952/53 | | 8·12 | 8·30 | 8·49 | 8·68 | 8·88 |
1953/54 | | 7·56 | 7·73 | 7·90 | 8·08 | 8·26 |
1954/55 | | 7·02 | 7·17 | 7·33 | 7·49 | 7·66 |
TABLE 5
Individuals (excluding surviving spouse members) who have attained pensionable age
Age attained in relevant tax year | Men | Women |
---|
Factor G | Factor H | Factor I | Factor J | Factor K | Factor L |
---|
60 | — | — | — | 15·93 | 10·37 | 13·80 |
61 | — | — | — | 15·56 | 10·21 | 13·53 |
62 | — | — | — | 15·17 | 10·04 | 13·23 |
63 | — | — | — | 14·76 | 9·86 | 12·93 |
64 | — | — | — | 14·35 | 9·67 | 12·62 |
65 | 13·45 | 9·44 | 11·88 | 13·93 | 9·47 | 12·29 |
66 | 13·03 | 9·23 | 11·55 | 13·50 | 9·27 | 11·96 |
67 | 12·61 | 9·02 | 11·22 | 13·06 | 9·05 | 11·61 |
68 | 12·18 | 8·80 | 10·88 | 12·61 | 8·83 | 11·26 |
69 | 11·75 | 8·57 | 10·53 | 12·16 | 8·60 | 10·89 |
70 | 11·32 | 8·34 | 10·19 | 11·71 | 8·36 | 10·53 |
71 | 10·89 | 8·11 | 9·84 | 11·26 | 8·12 | 10·16 |
72 | 10·47 | 7·87 | 9·49 | 10·81 | 7·88 | 9·79 |
73 | 10·05 | 7·63 | 9·14 | 10·36 | 7·63 | 9·42 |
74 | 9·63 | 7·38 | 8·79 | 9·93 | 7·39 | 9·06 |
75 | 9·22 | 7·14 | 8·44 | 9·50 | 7·15 | 8·70 |
76 | 8·81 | 6·89 | 8·10 | 9·08 | 6·90 | 8·34 |
77 | 8·41 | 6·64 | 7·75 | 8·67 | 6·66 | 7·99 |
78 | 8·01 | 6·38 | 7·41 | 8·26 | 6·41 | 7·64 |
79 | 7·61 | 6·12 | 7·06 | 7·86 | 6·16 | 7·29 |
80 | 7·22 | 5·86 | 6·72 | 7·47 | 5·92 | 6·95 |
81 | 6·83 | 5·60 | 6·38 | 7·09 | 5·68 | 6·62 |
82 | 6·45 | 5·34 | 6·05 | 6·72 | 5·44 | 6·29 |
83 | 6·07 | 5·07 | 5·71 | 6·36 | 5·20 | 5·97 |
84 | 5·70 | 4·80 | 5·38 | 6·01 | 4·96 | 5·66 |
85 | 5·33 | 4·53 | 5·04 | 5·67 | 4·74 | 5·36 |
86 | 5·00 | 4·29 | 4·75 | 5·36 | 4·51 | 5·08 |
87 | 4·69 | 4·06 | 4·47 | 5·06 | 4·30 | 4·81 |
88 | 4·39 | 3·83 | 4·19 | 4·78 | 4·09 | 4·55 |
89 | 4·10 | 3·60 | 3·93 | 4·52 | 3·90 | 4·31 |
TABLE 6
Surviving spouse members
Age attained in relevant tax year | Widowers | Widows |
---|
Factor M | Factor N | Factor O | Factor P | Factor Q |
---|
25 and below | 5·95 | 5·42 | 10·56 | 6·85 | 8·96 |
26 | 6·07 | 5·51 | 11·04 | 7·09 | 9·33 |
27 | 6·28 | 5·68 | 11·53 | 7·33 | 9·71 |
28 | 6·51 | 5·86 | 12·04 | 7·59 | 10·11 |
29 | 6·77 | 6·08 | 12·54 | 7·85 | 10·51 |
30 | 7·08 | 6·33 | 13·04 | 8·11 | 10·91 |
31 | 7·43 | 6·62 | 13·53 | 8·36 | 11·29 |
32 | 7·82 | 6·93 | 13·99 | 8·61 | 11·67 |
33 | 8·19 | 7·24 | 14·43 | 8·85 | 12·02 |
34 | 8·56 | 7·55 | 14·83 | 9·07 | 12·34 |
35 | 8·91 | 7·84 | 15·18 | 9·27 | 12·64 |
36 | 9·24 | 8·11 | 15·47 | 9·44 | 12·88 |
37 | 9·53 | 8·35 | 15·69 | 9·58 | 13·07 |
38 | 9·81 | 8·58 | 15·83 | 9·67 | 13·20 |
39 | 10·08 | 8·80 | 15·95 | 9·76 | 13·31 |
40 | 10·29 | 8·98 | 16·05 | 9·83 | 13·40 |
41 | 10·47 | 9·12 | 16·13 | 9·90 | 13·48 |
42 | 10·61 | 9·24 | 16·18 | 9·96 | 13·54 |
43 | 10·73 | 9·34 | 16·20 | 10·00 | 13·58 |
44 | 10·84 | 9·44 | 16·21 | 10·04 | 13·62 |
45 | 10·94 | 9·52 | 16·22 | 10·08 | 13·65 |
46 | 11·01 | 9·59 | 16·23 | 10·13 | 13·68 |
47 | 11·06 | 9·64 | 16·24 | 10·17 | 13·71 |
48 | 11·10 | 9·67 | 16·22 | 10·21 | 13·72 |
49 | 11·14 | 9·71 | 16·20 | 10·24 | 13·74 |
50 | 11·18 | 9·76 | 16·18 | 10·28 | 13·74 |
51 | 11·22 | 9·80 | 16·14 | 10·31 | 13·75 |
52 | 11·27 | 9·86 | 16·10 | 10·34 | 13·74 |
53 | 11·32 | 9·91 | 16·09 | 10·40 | 13·77 |
54 | 11·36 | 9·95 | 16·13 | 10·48 | 13·83 |
55 | 11·39 | 10·00 | 16·15 | 10·56 | 13·89 |
56 | 11·42 | 10·03 | 16·07 | 10·59 | 13·86 |
57 | 11·44 | 10·07 | 15·90 | 10·56 | 13·76 |
58 | 11·45 | 10·09 | 15·56 | 10·42 | 13·51 |
59 | 11·44 | 10·10 | 15·21 | 10·28 | 13·25 |
60 | 11·43 | 10·11 | 14·86 | 10·12 | 12·98 |
61 | 11·41 | 10·11 | 14·49 | 9·96 | 12·71 |
62 | 11·46 | 10·18 | 14·13 | 9·80 | 12·43 |
63 | 11·59 | 10·31 | 13·75 | 9·62 | 12·14 |
64 | 11·78 | 10·50 | 13·38 | 9·45 | 11·85 |
65 | 11·82 | 10·56 | 13·00 | 9·26 | 11·55 |
66 | 11·70 | 10·49 | 12·62 | 9·07 | 11·25 |
67 | 11·33 | 10·19 | 12·23 | 8·87 | 10·94 |
68 | 10·96 | 9·89 | 11·84 | 8·67 | 10·63 |
69 | 10·60 | 9·59 | 11·44 | 8·46 | 10·31 |
70 | 10·24 | 9·30 | 11·05 | 8·24 | 9·98 |
71 | 9·89 | 9·00 | 10·65 | 8·02 | 9·66 |
72 | 9·54 | 8·71 | 10·25 | 7·79 | 9·33 |
73 | 9·19 | 8·41 | 9·86 | 7·56 | 9·00 |
74 | 8·84 | 8·12 | 9·46 | 7·32 | 8·66 |
75 | 8·49 | 7·83 | 9·07 | 7·08 | 8·33 |
76 | 8·15 | 7·53 | 8·67 | 6·83 | 7·99 |
77 | 7·81 | 7·24 | 8·28 | 6·58 | 7·66 |
78 | 7·48 | 6·95 | 7·90 | 6·33 | 7·33 |
79 | 7·15 | 6·66 | 7·52 | 6·09 | 7·00 |
80 | 6·82 | 6·38 | 7·15 | 5·84 | 6·67 |
81 | 6·50 | 6·10 | 6·79 | 5·59 | 6·36 |
82 | 6·19 | 5·82 | 6·44 | 5·34 | 6·05 |
83 | 5·89 | 5·55 | 6·10 | 5·10 | 5·74 |
84 | 5·60 | 5·29 | 5·77 | 4·87 | 5·45 |
85 | 5·31 | 5·03 | 5·46 | 4·64 | 5·17 |
86 | 5·04 | 4·79 | 5·17 | 4·43 | 4·91 |
87 | 4·78 | 4·55 | 4·90 | 4·22 | 4·66 |
88 | 4·53 | 4·32 | 4·64 | 4·02 | 4·42 |
89 | 4·29 | 4·10 | 4·39 | 3·83 | 4·19 |
90 | 4·06 | 3·89 | 4·15 | 3·65 | 3·98 |
91 | 3·84 | 3·69 | 3·93 | 3·48 | 3·77 |
92 | 3·64 | 3·50 | 3·71 | 3·31 | 3·57 |
93 | 3·44 | 3·31 | 3·51 | 3·15 | 3·38 |
94 | 3·26 | 3·14 | 3·31 | 2·99 | 3·20 |
95 and over | 3·09 | 2·98 | 3·11 | 2·83 | 3·01 |
Regulation 4
SCHEDULE 2
Table for deriving the index number from 15-year gross redemption yield
Yield per cent. | Index number |
---|
5·00 — 5·06 | 1·30 |
5·07 — 5·14 | 1·29 |
5·15 — 5·22 | 1·28 |
5·23 — 5·30 | 1·27 |
5·31 — 5·39 | 1·26 |
5·40 — 5·47 | 1·25 |
5·48 — 5·56 | 1·24 |
5·57 — 5·64 | 1·23 |
5·65 — 5·73 | 1·22 |
5·74 — 5·82 | 1·21 |
5·83 — 5·91 | 1·20 |
5·92 — 6·00 | 1·19 |
6·01 — 6·08 | 1·18 |
6·09 — 6·17 | 1·17 |
6·18 — 6·26 | 1·16 |
6·27 — 6·36 | 1·15 |
6·37 — 6·45 | 1·14 |
6·46 — 6·55 | 1·13 |
6·56 — 6·64 | 1·12 |
6·65 — 6·73 | 1·11 |
6·74 — 6·84 | 1·10 |
6·85 — 6·94 | 1·09 |
6·95 — 7·04 | 1·08 |
7·05 — 7·14 | 1·07 |
7·15 — 7·24 | 1·06 |
7·25 — 7·35 | 1·05 |
7·36 — 7·45 | 1·04 |
7·46 — 7·56 | 1·03 |
7·57 — 7·67 | 1·02 |
7·68 — 7·78 | 1·01 |
7·79 — 7·90 | 1·00 |
7·91 — 8·01 | 0·99 |
8·02 — 8·12 | 0·98 |
8·13 — 8·24 | 0·97 |
8·25 — 8·36 | 0·96 |
8·37 — 8·48 | 0·95 |
8·49 — 8·60 | 0·94 |
8·61 — 8·73 | 0·93 |
8·74 — 8·86 | 0·92 |
8·87 — 8·98 | 0·91 |
8·99 — 9·11 | 0·90 |
9·12 — 9·24 | 0·89 |
9·25 — 9·38 | 0·88 |
9·39 — 9·51 | 0·87 |
9·52 — 9·65 | 0·86 |
9·66 — 9·79 | 0·85 |
9·80 — 9·94 | 0·84 |
9·95 — 10·09 | 0·83 |
10·10 — 10·23 | 0·82 |
10·24 — 10·39 | 0·81 |
10·40 — 10·54 | 0·80 |
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