25.—(1) This paragraph applies to an eligible person who—
(a)had their service continued to the end of their commitment period, would have reached age 60 or become entitled to EDP 2015 payments, and
(b)actually ceases service before either reaching age 55 or becoming entitled to EDP 2005 payments,
and in this paragraph references to service are to redundancy qualifying service.
(2) The amount payable under paragraph 8(1) is comprised of an AFRS 2006 style payment and an AFRS 2020 style payment.
(3) The AFRS 2006 style payment is calculated as follows—
Step 1: If TS is less than or equal to 18, the result of step 1 is
If TS exceeds 18, the result of step 1 is
where—
F is final relevant earnings, and
TS is total service.
Step 2: take the result of step 1 and multiply by
where—
RS is AFRS 2006 relevant service, and
TS is total service.
(4) The AFRS 2020 style payment is calculated as follows—
Step 1: 10.2% x F x TS
where—
F is final relevant earnings, and
TS is total service (to be no more than 20).
Step 2: take the result of step 1, and multiply by
where—
Q is redundancy qualifying service, and
TS is total service.
Commencement Information
I1Sch. para. 25 in force at 1.1.2021, see art. 1(b)