Cost of added surviving adult's pension for retired JASAPS membersU.K.
120.—(1) If the date on which a retired JASAPS member (“R”) retired fell on R's birthday, the contribution payable by R for each unit of £1,000 of added surviving adult's pension is to be determined in accordance with the formula
Step 1
In Table 2 treat—
(ii)the reference to the assumed retirement age as a reference to R's age on the date R retired.
Step 2
Use Table 2 to work out A by reference to R's age last birthday at the assumed contribution commencement date and R's age on the date R retired.
(2) If R's retirement date did not fall on R's birthday, A is determined in accordance with the formula—
where—
X is determined by taking the following steps—
Step 1
In Table 2 treat the reference to age last birthday at the date of commencement of contributions as a reference to R's age last birthday at the assumed contribution commencement date.
Step 2
In Table 2 treat the reference to the assumed retirement age as a reference to R's age on R's last birthday before R retired.
Step 3
Use Table 2 to work out X by reference to R's age last birthday at the assumed contributions commencement date and R's age last birthday before R retired; and
Y is determined as follows—
Step 1
In Table 2 treat the reference to age last birthday at the date of commencement of contributions as a reference to R's age last birthday at the assumed contribution commencement date.
Step 2
In Table 2 treat the reference to the assumed retirement age as a reference to R's age on R's next birthday after R's actual retirement date.
Step 3
Use Table 2 to work out Y by reference to R's age last birthday at the assumed contribution commencement date and R's age on R's next birthday after R's actual retirement date; and
Z is the number of complete months between R's last birthday before R retired and the date on which R retired.
(3) The contribution payable by R for each part unit of added surviving adult's pension is to be the amount calculated in accordance with the preceding paragraphs multiplied by the appropriate decimal fraction.