PART 14THE FEE-PAID JUDICIAL ADDED SURVIVING ADULT'S PENSION SCHEME

CHAPTER 2RETIRED JASAPS MEMBERS

Cost of added surviving adult's pension for retired JASAPS members120

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—

X + Z ( Y − X 12 )math

where—

  1. a

    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

  2. b

    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

  3. c

    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.