SCHEDULEBENEFITS PAYABLE

Regulations 7, 9 and10

PART Iadded years and payment in lieu

1.

This paragraph shall apply in the case of a member who is not ACPO rank and is aged 45 or over on the date of leaving.

(1)

 

(a)

A member aged 50 years or over on date of leaving shall be entitled to pensionable service enhancements of up to 5 years, subject to a maximum of:

(i)

total pensionable service not exceeding 30 years;

(ii)

that which the member would be entitled to if he had served until his compulsory retirement age,

whichever is the lesser.

(b)

Those members aged 50 years or over on date of leaving who are not entitled to immediate pension after calculation of pensionable service enhancements as outlined in paragraph 1(1)(a) shall be entitled to a payment in lieu of pension, (taking into account such pensionable service enhancements), until pension age is reached.

(2)

A member who has attained the age of 45 years and is below the age of 50 years on date of leaving shall be entitled to a pensionable service enhancement, calculated on a daily basis, equal to the period of pensionable service attained from 45 years of age to date of leaving subject to total pensionable service not exceeding 30 years.

2.

A member who is of ACPO rank on date of leaving shall be entitled to a pensionable service enhancement of up to 5 years equal to the period left until the expiry of his Fixed Term Agreement, subject to a maximum of 30 years pensionable service.

PART IIseverance lump sums

1.

(1)

A member who is not of ACPO rank and is aged 50 years or over on date of leaving, shall be entitled to a lump sum calculated by multiplying his annual pensionable pay at the date of leaving by the appropriate lump sum factor as outlined in the following tables:

(a) Compulsory Retirement age of 55

Age

50

51

52

53

54

55 or over

Months

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

Lump sum Factor

2 1/2

2 3/8

2 1/4

2 1/8

2

1 7/8

1 3/4

1 5/8

1 1/2

1 3/8

1 1/4

1 1/8

1

7/8

3/4

5/8

1/2

1/2

1/2

1/2

1/2*

1/2*

1/2*

1/2*

(b) Compulsory Retirement age of 57

Age (“X”)

50

51

52

53

54

55

56

57 or over

Months

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

Lump sum Factor

2 3/4

2 11/16

2 10/16

2 9/16

2 1/2

2 7/16

2 6/16

2 5/16

2 1/4

2 3/16

2 2/16

2 1/16

2

1 7/8

1 3/4

1 5/8

1 1/2

1 3/8

1 1/4

1 1/8

1

7/8

3/4

5/8

1/2

1/2

1/2

1/2

1/2*

1/2*

1/2*

1/2*

(c) Compulsory Retirement age of 60

Age (“X”)

50

51

52

53

54

55

56

57

58

59

60+

Months

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

Lump sum Factor

3

2 15/16

2 14/16

2 13/16

2 3/4

2 11/16

2 10/16

2 9/16

2 1/2

2 7/16

2 6/16

2 5/16

2 1/4

2 3/16

2 2/16

2 1/16

2

1 15/16

1 14/16

1 13/16

1 3/4

1 11/16

1 10/16

1 9/16

1 1/2

1 7/16

1 6/16

1 5/16

1 1/4

1 3/16

1 2/16

1 1/16

1

7/8

3/4

5/8

1/2

3/8

1/4

1/8

0

0

0

0

(2)

In the tables in sub-paragraph (1), the lump sum factors marked with an asterisk (*) are available only for the first two years after the date these Regulations came into effect.

2.

A member who is not of ACPO rank, who is aged below 50 years on date of leaving and who is entitled to an immediate pension will be entitled to a lump sum calculated by multiplying his annual pensionable pay at the date of leaving by the appropriate lump sum factor as outlined in the following table:

Compulsory Retirement Age

55

57

60

Lump Sum factor

2 1/2

2 3/4

3

3.

A member who is not of ACPO rank, who is aged below 50 years on date of leaving and who is not entitled to an immediate pension but has served at least 5 years shall be entitled to a lump sum calculated by multiplying his annual pensionable pay by the appropriate lump sum factor based on his number of years as a member:

Years of RUC Service (“X”)

5

6

7

8

9

10

11

12+

Months

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

Lump sum Factor

1 1/4

1 5/16

1 6/16

1 7/16

1 1/2

1 9/16

1 10/16

1 11/16

1 3/4

1 13/16

1 14/16

1 15/16

2

2 1/16

2 2/16

2 3/16

2 1/4

2 5/16

2 6/16

2 7/16

2 1/2

2 9/16

2 10/16

2 11/16

2 3/4

2 13/16

2 14/16

2 15/16

3

4.

(1)

A member who is of ACPO rank on date of leaving shall be entitled to a lump sum calculated by multiplying his annual pensionable pay by the appropriate lump sum factor as outlined in the following table:

Years left until expiry of FTA (“X”)

7

6

5

4

3

2

1

Officer on 1 year extension

Months

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

0-2

3-5

6-8

9-11

Lump sum Factor

2 3/4

2 11/16

2 10/16

2 9/16

2 1/2

2 7/16

2 6/16

2 5/16

2 1/4

2 3/16

2 2/16

2 1/16

2

1 7/8

1 6/8

1 5/8

1 1/2

1 3/8

1 2/8

1 1/8

1

7/8

3/4

5/8

1/2

1/2

1/2

1/2

1/2*

1/2*

1/2*

1/2*

(2)

In the table in sub-paragraph (1), the lump sum factor marked with an asterisk (*) is available only for the first two years of the scheme, from the date of coming into operation of these Regulations.

5.

Any member of the Force leaving under the terms of the scheme shall also be entitled to an additional lump sum equivalent to one twelfth of his annual pensionable pay at the date of leaving.

PART IIIcapping mechanism formula

Regulation 9

1.

Benefits of severance will not exceed the amount calculated as potential earnings, where this occurs the difference will be deducted from the member’s severance lump sums.

2.

In paragraph 1:

“benefits of severance” means the member’s severance lump sum, by virtue of the Schedule Part II paragraphs 1-4, in addition to his gross pension entitlement before commutation, payable between the date of leaving and compulsory retirement age or the expiry of his existing period of extension of service;

“potential earnings” means the member’s basic salary plus any standing allowances he would have earned by remaining as a member between the date of leaving until compulsory retirement age or the end of the existing extension of service.