PART 14THE FEE-PAID JUDICIAL ADDED SURVIVING ADULT'S PENSION SCHEME
CHAPTER 3unretired JASAPS MEMBERS
Cost of added surviving adult's pension by F1unretired JASAPS members124.
(1)
The contribution payable by an F2unretired JASAPS member (“M”) for each unit of £1,000 of added surviving adult's pension is to be determined in accordance with the formula
(2)
If M's assumed retirement date fall's on M's birthday, A is determined as follows—
Step 1
In Table 2, treat the reference to the age last birthday at the date of commencement of contributions as a reference to M's age last birthday on the assumed contribution commencement date.
Step 2
Use Table 2 to work out A by reference to M's age last birthday at the assumed contribution commencement date and M's assumed retirement age.
(3)
If M's assumed retirement date does not fall on M's birthday, A is determined in accordance with the formula—
where—
- (a)
X is determined as follows—
Step 1
In Table 2 treat the reference to the age last birthday at the date of commencement of contributions as a reference to M'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 M's age last birthday before M's assumed retirement date,
Step 3
Use Table 2 to work out X by reference to M's age last birthday at the assumed contribution commencement date and M's age last birthday before M's assumed retirement date.
(b)
Y is determined as follows—
Step 1
In Table 2 treat the reference to the age last birthday at the date of commencement of contributions as a reference to the 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 M's age next birthday after M's assumed retirement date,
Step 3
Use Table 2 to work out Y by reference to M's age last birthday at the assumed contribution commencement date and M's age next birthday after the assumed retirement date.
(c)
Z is the number of complete months between M's last birthday before M's assumed retirement date and M's assumed retirement date.
(4)
The contribution payable for a part unit of added surviving adult's pension is to be the amount determined in accordance with the preceding paragraphs multiplied by the appropriate decimal fraction.