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1.—(1) In this Part—
“the Fund” means the Teachers' Family Benefits Fund established by regulation 15 of the 1967 Regulations and continued by regulation 15 of the 1972 Family Benefits Rules;
“member” means a man who—
has been in pensionable employment at any time after 31st March 1972; and
immediately before 1st April 1972 had service counting for benefit within the meaning of regulation 41 of the 1972 Family Benefits Rules; and
has not received a repayment of contributions paid by him under the 1967 Regulations or the 1972 Family Benefits Rules; and
“non-member” means a man, other than a member, who—
has been in pensionable employment at any time after 31st March 1972; and
is entitled to count a period that ended before 1st April 1972 as reckonable service.
(2) A member’s normal contributions are the contributions paid by him under regulation 27 of the 1967 Regulations or regulation 27 of the 1972 Family Benefits Rules, and his normal service is the period in respect of which he paid them.
(3) A member’s additional contributions are any contributions paid by him under regulation 25 of the 1967 Regulations or under regulation 28 or 29 of the 1972 Family Benefits Rules, and the additional period is the period in respect of which he elected to pay them.
(4) A member’s deemed normal service is two thirds of any service before 1st April 1972 in respect of which the full amount of normal contributions was held in the Fund immediately before that date.
(5) A member’s deemed additional service is—
where—
A is the factor ascertained from Table 1;
B is the amount of the additional contributions held in the Fund immediately before 1st April 1972; and
C is the annual rate of his salary at that time.
Age at last birthday before 1st April 1972 | Factor |
---|---|
18 | 23.8 |
19 | 26.5 |
20 | 29.1 |
21 | 31.6 |
22 | 34.0 |
23 | 36.2 |
24 | 38.3 |
25 | 40.3 |
26 | 42.2 |
27 | 44.0 |
28 | 45.7 |
29 | 47.3 |
30 | 48.8 |
31 | 50.2 |
32 | 51.5 |
33 | 52.7 |
34 | 53.8 |
35 | 54.7 |
36 | 55.3 |
37 | 55.6 |
38 | 55.8 |
39 | 55.9 |
40 | 55.9 |
41 | 55.8 |
42 | 55.6 |
43 | 55.3 |
44 | 55.1 |
45 | 54.9 |
46 | 54.8 |
47 | 54.7 |
48 | 54.6 |
49 | 54.5 |
50 | 54.5 |
51 | 54.4 |
52 | 54.4 |
53 | 54.3 |
54 | 54.3 |
55 | 54.2 |
56 | 54.2 |
57 | 54.1 |
58 | 54.1 |
59 | 54.0 |
60 and over | 54.0 |
(6) A member’s credited service is 162 per cent of the total of his deemed normal service and any deemed additional service.
(7) References in this Part to “Method I”, “Method II” and “Method III” are references to the Methods so designated in the 1967 Regulations and the 1972 Family Benefits Rules.
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