• Specific Year
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FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - SCHEDULE 4 Method for determining gross value of superannuation interest payable as life pension

FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - SCHEDULE 4

Method for determining gross value of superannuation interest payable as life pension

(subregulation   42(2))

 

1   Application of Schedule   4

    This Schedule sets out the method for determining the gross value, at the relevant date, of a superannuation interest that is in the payment phase at the relevant date, if the benefits in respect of the interest are payable as a pension for the life of the member spouse.

2   Method

  (1)   The method is:

    Start formula B times open bracket P start subscript y plus m end subscript plus open bracket r times R start subscript y plus m end subscript close bracket close bracket end formula

where:

"B" is the amount of the annual pension benefit payable in respect of the superannuation interest at the relevant date.

"P" y+m is the pension valuation factor calculated in accordance with subclause   (2).

"r" is the proportion of the pension that is payable to any surviving spouse of the member spouse on the death of the member spouse, as provided by the trustee under section   90XZB or 90YZR of the Act.

"R" y+m is the reversion valuation factor calculated in accordance with subclause   (3).

  (2)   For subclause   (1), the pension valuation factor ( P y+m ) at the relevant date is:

    Start formula start fraction open bracket P subscript y times open bracket 12 minus m close bracket close bracket plus open bracket P start subscript y plus 1 end subscript times m close bracket over 12 end fraction end formula

    where:

"P" y is the pension valuation factor mentioned in the relevant clause of this Schedule that applies to the pension and the member spouse's age in completed years at the relevant date.

"m" is the number of completed months of the member spouse's age that are not included in the completed years at the relevant date.

"P" y+1 is the pension valuation factor mentioned in the relevant clause of this Schedule that applies to the pension and the member spouse's age at the completion of the next year after the year mentioned in the definition of the factor P y .

  (3)   For subclause   (1), the reversion valuation factor ( R y+m ) at the relevant date is:

    Start formula start fraction open bracket R subscript y times open bracket 12 minus m close bracket close bracket plus open bracket R start subscript y plus 1 end subscript times m close bracket over 12 end fraction end formula

    where:

"R" y is the reversion valuation factor mentioned in the relevant clause of this Schedule that applies to the pension and the member spouse's age in completed years at the relevant date.

"m" is the number of completed months of the member spouse's age that are not included in the completed years at the relevant date.

"R" y+1 is the reversion valuation factor mentioned in the relevant clause of this Schedule that applies to the pension and the member spouse's age at the completion of the next year after the year mentioned in the definition of the factor R y .

3   Valuation factors--pension not indexed

    The pension valuation factors and reversion valuation factors set out in this clause apply if the pension is not indexed.

 

5.7729

Age at relevant date (in completed years)

Valuation factors--pension not indexed

Males

Females

Pension

Reversion

Pension

Reversion

18

15.2550

0.2771

15.4795

0.1064

19

15.2277

0.2873

15.4585

0.1111

20

15.2002

0.2972

15.4365

0.1158

21

15.1713

0.3077

15.4133

0.1207

22

15.1406

0.3187

15.3883

0.1261

23

15.1081

0.3304

15.3614

0.1320

24

15.0735

0.3428

15.3326

0.1383

25

15.0367

0.3560

15.3020

0.1451

26

14.9976

0.3700

15.2694

0.1522

27

14.9561

0.3848

15.2349

0.1598

28

14.9120

0.4006

15.1983

0.1677

29

14.8650

0.4174

15.1597

0.1761

30

14.8153

0.4351

15.1188

0.1848

31

14.7623

0.4540

15.0757

0.1939

32

14.7061

0.4740

15.0301

0.2035

33

14.6465

0.4951

14.9820

0.2134

34

14.5832

0.5176

14.9312

0.2239

35

14.5162

0.5413

14.8774

0.2349

36

14.4453

0.5662

14.8204

0.2465

37

14.3702

0.5926

14.7602

0.2586

38

14.2906

0.6205

14.6966

0.2713

39

14.2065

0.6497

14.6293

0.2846

40

14.1175

0.6806

14.5583

0.2986

41

14.0234

0.6894

14.4833

0.2943

42

13.9240

0.6976

14.4042

0.2889

43

13.8191

0.7050

14.3208

0.2822

44

13.7085

0.7115

14.2332

0.2740

45

13.5919

0.7170

14.1410

0.2642

46

13.4693

0.7212

14.0442

0.2528

47

13.3404

0.7240

13.9425

0.2396

48

13.2052

0.7252

13.8358

0.2245

49

13.0637

0.7245

13.7240

0.2074

50

12.9156

0.7218

13.6069

0.1882

51

12.7609

0.6413

13.4844

0.1668

52

12.5997

0.5517

13.3562

0.1431

53

12.4319

0.4524

13.2223

0.1171

54

12.2575

0.3430

13.0824

0.0885

55

12.0764

0.2233

12.9364

0.0575

56

11.8886

0.2324

12.7841

0.0597

57

11.6943

0.2416

12.6252

0.0619

58

11.4934

0.2508

12.4596

0.0642

59

11.2862

0.2601

12.2869

0.0665

60

11.0730

0.2694

12.1068

0.0688

61

10.8540

0.2785

11.9191

0.0711

62

10.6295

0.2876

11.7238

0.0735

63

10.3997

0.2965

11.5207

0.0759

64

10.1653

0.3051

11.3099

0.0783

65

9.9265

0.3134

11.0912

0.0807

66

9.6836

0.3214

10.8648

0.0831

67

9.4371

0.3289

10.6307

0.0854

68

9.1873

0.3360

10.3891

0.0878

69

8.9346

0.3426

10.1400

0.0901

70

8.6790

0.3487

9.8836

0.0923

71

8.4207

0.3542

9.6200

0.0945

72

8.1596

0.3592

9.3492

0.0966

73

7.8955

0.3636

9.0714

0.0987

74

7.6282

0.3675

8.7870

0.1008

75

7.3582

0.3708

8.4969

0.1027

76

7.0868

0.3735

8.2023

0.1046

77

6.8161

0.3753

7.9050

0.1063

78

6.5477

0.3763

7.6066

0.1079

79

6.2834

0.3763

7.3091

0.1094

80

6.0247

0.3752

7.0137

0.1106

81

0.3732

6.7207

0.1117

82

5.5290

0.3701

6.4300

0.1127

83

5.2943

0.3660

6.1420

0.1136

84

5.0695

0.3609

5.8578

0.1144

85

4.8558

0.3549

5.5791

0.1151

86

4.6542

0.3480

5.3083

0.1156

87

4.4657

0.3403

5.0483

0.1160

88

4.2918

0.3319

4.8023

0.1162

89

4.1345

0.3228

4.5724

0.1160

90

3.9956

0.3132

4.3599

0.1154

91

3.8770

0.3031

4.1650

0.1144

92

3.7753

0.2927

3.9868

0.1129

93

3.6821

0.2824

3.8227

0.1111

94

3.5907

0.2723

3.6698

0.1087

95

3.4995

0.2623

3.5264

0.1059

96

3.4092

0.2522

3.3917

0.1026

97

3.3182

0.2417

3.2650

0.0986

98

3.2257

0.2306

3.1450

0.0938

99

3.1314

0.2184

3.0302

0.0880

4   Valuation factors--CPI indexed pension

    The pension valuation factors and reversion valuation factors set out in this clause apply if the pension is indexed in accordance with the consumer price index.

 

Age at relevant date (in completed years)

Valuation factors--CPI indexed pension

Males

Females

Pension

Reversion

Pension

Reversion

18

23.0683

0.9129

23.7206

0.3694

19

22.9687

0.9371

23.6341

0.3805

20

22.8677

0.9610

23.5450

0.3917

21

22.7631

0.9854

23.4526

0.4033

22

22.6545

1.0109

23.3561

0.4155

23

22.5418

1.0372

23.2555

0.4284

24

22.4247

1.0646

23.1508

0.4419

25

22.3032

1.0931

23.0419

0.4560

26

22.1769

1.1226

22.9289

0.4705

27

22.0458

1.1533

22.8117

0.4856

28

21.9096

1.1851

22.6902

0.5011

29

21.7681

1.2182

22.5643

0.5171

30

21.6213

1.2525

22.4340

0.5335

31

21.4688

1.2881

22.2991

0.5503

32

21.3105

1.3251

22.1594

0.5676

33

21.1464

1.3633

22.0150

0.5853

34

20.9761

1.4029

21.8654

0.6034

35

20.7996

1.4439

21.7104

0.6222

36

20.6166

1.4862

21.5498

0.6414

37

20.4270

1.5299

21.3835

0.6612

38

20.2306

1.5751

21.2114

0.6816

39

20.0272

1.6216

21.0333

0.7024

40

19.8166

1.6695

20.8490

0.7238

41

19.5986

1.6616

20.6583

0.7009

42

19.3731

1.6518

20.4613

0.6758

43

19.1400

1.6398

20.2578

0.6484

44

18.8991

1.6254

20.0478

0.6185

45

18.6505

1.6086

19.8312

0.5861

46

18.3939

1.5890

19.6078

0.5510

47

18.1296

1.5665

19.3776

0.5133

48

17.8574

1.5409

19.1406

0.4727

49

17.5777

1.5119

18.8966

0.4293

50

17.2903

1.4794

18.6457

0.3831

51

16.9956

1.2912

18.3877

0.3339

52

16.6938

1.0912

18.1227

0.2818

53

16.3849

0.8792

17.8505

0.2267

54

16.0692

0.6552

17.5712

0.1688

55

15.7468

0.4193

17.2848

0.1079

56

15.4181

0.4289

16.9910

0.1102

57

15.0833

0.4384

16.6899

0.1126

58

14.7428

0.4477

16.3814

0.1149

59

14.3970

0.4566

16.0652

0.1172

60

14.0464

0.4653

15.7414

0.1194

61

13.6917

0.4735

15.4099

0.1216

62

13.3333

0.4812

15.0707

0.1238

63

12.9718

0.4884

14.7241

0.1259

64

12.6079

0.4951

14.3703

0.1279

65

12.2423

0.5010

14.0096

0.1299

66

11.8755

0.5063

13.6422

0.1318

67

11.5080

0.5108

13.2686

0.1336

68

11.1405

0.5145

12.8892

0.1353

69

10.7733

0.5174

12.5043

0.1369

70

10.4067

0.5194

12.1143

0.1384

71

10.0409

0.5206

11.7197

0.1397

72

9.6758

0.5210

11.3208

0.1410

73

9.3113

0.5206

10.9178

0.1421

74

8.9474

0.5195

10.5116

0.1431

75

8.5846

0.5175

10.1036

0.1440

76

8.2247

0.5147

9.6952

0.1447

77

7.8698

0.5109

9.2887

0.1453

78

7.5222

0.5062

8.8861

0.1457

79

7.1835

0.5003

8.4896

0.1459

80

6.8553

0.4933

8.1006

0.1458

81

6.5389

0.4853

7.7193

0.1457

82

6.2355

0.4763

7.3456

0.1454

83

5.9460

0.4663

6.9796

0.1449

84

5.6712

0.4553

6.6226

0.1444

85

5.4120

0.4436

6.2766

0.1438

86

5.1692

0.4311

5.9438

0.1431

87

4.9438

0.4181

5.6273

0.1422

88

4.7372

0.4045

5.3303

0.1411

89

4.5509

0.3906

5.0548

0.1396

90

4.3867

0.3764

4.8017

0.1377

91

4.2463

0.3620

4.5707

0.1354

92

4.1253

0.3475

4.3603

0.1327

93

4.0141

0.3333

4.1673

0.1294

94

3.9054

0.3196

3.9883

0.1258

95

3.7971

0.3060

3.8209

0.1216

96

3.6902

0.2925

3.6644

0.1168

97

3.5828

0.2786

3.5174

0.1114

98

3.4738

0.2640

3.3785

0.1051

99

3.3630

0.2482

3.2459

0.0977

5   Valuation factors--CPI indexed pension with 5% cap

    The pension valuation factors and reversion valuation factors set out in this clause apply if the pension is indexed in accordance with the consumer price index with a cap of 5%.

 

Age at relevant date (in completed years)

Valuation factors--CPI indexed pension with 5% cap

Males

Females

Pension

Reversion

Pension

Reversion

18

22.6355

0.8668

23.2580

0.3502

19

22.5412

0.8903

23.1764

0.3610

20

22.4454

0.9135

23.0923

0.3718

21

22.3463

0.9373

23.0050

0.3831

22

22.2432

0.9620

22.9138

0.3950

23

22.1361

0.9877

22.8185

0.4075

24

22.0248

1.0143

22.7192

0.4207

25

21.9091

1.0420

22.6159

0.4344

26

21.7888

1.0708

22.5086

0.4486

27

21.6637

1.1008

22.3972

0.4633

28

21.5337

1.1318

22.2817

0.4784

29

21.3986

1.1642

22.1618

0.4941

30

21.2582

1.1978

22.0376

0.5101

31

21.1122

1.2327

21.9090

0.5266

32

20.9606

1.2689

21.7757

0.5436

33

20.8032

1.3064

21.6377

0.5609

34

20.6397

1.3454

21.4946

0.5788

35

20.4701

1.3857

21.3463

0.5972

36

20.2942

1.4273

21.1924

0.6162

37

20.1117

1.4704

21.0331

0.6357

38

19.9225

1.5149

20.8679

0.6557

39

19.7264

1.5608

20.6968

0.6763

40

19.5232

1.6081

20.5197

0.6974

41

19.3127

1.6017

20.3363

0.6759

42

19.0947

1.5935

20.1466

0.6522

43

18.8692

1.5831

19.9505

0.6262

44

18.6360

1.5705

19.7480

0.5978

45

18.3951

1.5554

19.5389

0.5669

46

18.1463

1.5376

19.3232

0.5333

47

17.8897

1.5170

19.1006

0.4972

48

17.6253

1.4934

18.8713

0.4583

49

17.3534

1.4663

18.6351

0.4165

50

17.0738

1.4359

18.3920

0.3719

51

16.7869

1.2542

18.1419

0.3244

52

16.4928

1.0607

17.8847

0.2740

53

16.1917

0.8553

17.6204

0.2206

54

15.8836

0.6378

17.3490

0.1643

55

15.5689

0.4085

17.0704

0.1051

56

15.2477

0.4182

16.7844

0.1075

57

14.9204

0.4277

16.4912

0.1098

58

14.5872

0.4370

16.1904

0.1121

59

14.2486

0.4461

15.8821

0.1144

60

13.9052

0.4548

15.5660

0.1167

61

13.5575

0.4632

15.2421

0.1189

62

13.2060

0.4711

14.9106

0.1211

63

12.8512

0.4784

14.5715

0.1233

64

12.4939

0.4852

14.2252

0.1254

65

12.1346

0.4914

13.8719

0.1274

66

11.7740

0.4969

13.5117

0.1293

67

11.4125

0.5016

13.1452

0.1312

68

11.0507

0.5055

12.7727

0.1329

69

10.6891

0.5087

12.3946

0.1346

70

10.3279

0.5110

12.0113

0.1361

71

9.9673

0.5124

11.6232

0.1375

72

9.6072

0.5131

11.2305

0.1388

73

9.2476

0.5130

10.8336

0.1400

74

8.8882

0.5121

10.4333

0.1411

75

8.5298

0.5105

10.0310

0.1420

76

8.1740

0.5080

9.6280

0.1428

77

7.8230

0.5045

9.2266

0.1434

78

7.4790

0.5000

8.8289

0.1439

79

7.1438

0.4945

8.4371

0.1441

80

6.8188

0.4878

8.0524

0.1442

81

6.5054

0.4801

7.6752

0.1441

82

6.2047

0.4714

7.3053

0.1438

83

5.9176

0.4617

6.9429

0.1435

84

5.6451

0.4510

6.5892

0.1431

85

5.3879

0.4396

6.2462

0.1425

86

5.1469

0.4274

5.9162

0.1419

87

4.9232

0.4146

5.6023

0.1410

88

4.7180

0.4013

5.3075

0.1399

89

4.5330

0.3876

5.0341

0.1385

90

4.3700

0.3736

4.7827

0.1367

91

4.2305

0.3593

4.5533

0.1345

92

4.1103

0.3451

4.3444

0.1318

93

4.0000

0.3311

4.1527

0.1286

94

3.8920

0.3175

3.9748

0.1250

95

3.7845

0.3041

3.8085

0.1209

96

3.6783

0.2907

3.6529

0.1162

97

3.5716

0.2770

3.5068

0.1108

98

3.4633

0.2626

3.3687

0.1046

99

3.3533

0.2470

3.2368

0.0973

6   Valuation factors--CPI indexed pension plus 1%

    The pension valuation factors and reversion valuation factors set out in this clause apply if the pension is indexed in accordance with the consumer price index plus 1%.

 

Age at relevant date (in completed years)

Valuation factors--CPI indexed pension plus 1%

Males

Females

Pension

Reversion

Pension

Reversion

18

28.2395

1.5557

29.2999

0.6383

19

28.0675

1.5872

29.1436

0.6528

20

27.8933

1.6179

28.9836

0.6674

21

27.7145

1.6492

28.8192

0.6823

22

27.5306

1.6814

28.6495

0.6979

23

27.3414

1.7146

28.4744

0.7143

24

27.1467

1.7486

28.2939

0.7312

25

26.9465

1.7837

28.1081

0.7486

26

26.7404

1.8199

27.9171

0.7665

27

26.5284

1.8571

27.7207

0.7849

28

26.3102

1.8954

27.5191

0.8036

29

26.0857

1.9349

27.3119

0.8227

30

25.8548

1.9754

27.0994

0.8422

31

25.6172

2.0171

26.8812

0.8619

32

25.3729

2.0600

26.6573

0.8821

33

25.1219

2.1040

26.4277

0.9025

34

24.8637

2.1493

26.1920

0.9233

35

24.5986

2.1955

25.9499

0.9445

36

24.3262

2.2429

25.7013

0.9661

37

24.0464

2.2915

25.4463

0.9882

38

23.7591

2.3411

25.1845

1.0106

39

23.4643

2.3918

24.9159

1.0333

40

23.1617

2.4436

24.6405

1.0565

41

22.8512

2.4133

24.3580

1.0151

42

22.5327

2.3803

24.0686

0.9711

43

22.2064

2.3446

23.7720

0.9245

44

21.8720

2.3059

23.4686

0.8751

45

21.5297

2.2642

23.1581

0.8229

46

21.1795

2.2192

22.8406

0.7678

47

20.8215

2.1707

22.5159

0.7098

48

20.4559

2.1186

22.1843

0.6489

49

20.0831

2.0627

21.8457

0.5850

50

19.7030

2.0028

21.5001

0.5181

51

19.3162

1.7347

21.1476

0.4483

52

18.9230

1.4549

20.7881

0.3756

53

18.5235

1.1634

20.4218

0.3001

54

18.1182

0.8606

20.0487

0.2218

55

17.7072

0.5467

19.6689

0.1408

56

17.2911

0.5552

19.2823

0.1429

57

16.8702

0.5634

18.8890

0.1449

58

16.4451

0.5711

18.4890

0.1469

59

16.0162

0.5785

18.0823

0.1488

60

15.5842

0.5853

17.6687

0.1506

61

15.1500

0.5916

17.2484

0.1524

62

14.7139

0.5973

16.8216

0.1541

63

14.2768

0.6022

16.3886

0.1557

64

13.8395

0.6064

15.9499

0.1572

65

13.4026

0.6098

15.5057

0.1587

66

12.9668

0.6124

15.0564

0.1600

67

12.5327

0.6140

14.6027

0.1611

68

12.1009

0.6147

14.1451

0.1622

69

11.6719

0.6145

13.6841

0.1631

70

11.2460

0.6134

13.2201

0.1639

71

10.8233

0.6113

12.7537

0.1645

72

10.4037

0.6083

12.2852

0.1650

73

9.9871

0.6045

11.8151

0.1654

74

9.5735

0.5998

11.3444

0.1656

75

9.1635

0.5944

10.8745

0.1657

76

8.7588

0.5880

10.4070

0.1656

77

8.3619

0.5807

9.9443

0.1654

78

7.9748

0.5723

9.4886

0.1650

79

7.5995

0.5629

9.0422

0.1643

80

7.2373

0.5525

8.6064

0.1635

81

6.8897

0.5410

8.1814

0.1625

82

6.5576

0.5286

7.7669

0.1614

83

6.2419

0.5153

7.3629

0.1603

84

5.9432

0.5011

6.9709

0.1590

85

5.6625

0.4863

6.5925

0.1576

86

5.4003

0.4709

6.2302

0.1562

87

5.1576

0.4551

5.8871

0.1546

88

4.9356

0.4389

5.5661

0.1527

89

4.7358

0.4225

5.2694

0.1506

90

4.5599

0.4059

4.9973

0.1480

91

4.4093

0.3893

4.7496

0.1450

92

4.2792

0.3728

4.5244

0.1416

93

4.1597

0.3567

4.3181

0.1378

94

4.0428

0.3411

4.1271

0.1334

95

3.9267

0.3259

3.9489

0.1286

96

3.8121

0.3106

3.7823

0.1231

97

3.6971

0.2951

3.6262

0.1170

98

3.5806

0.2789

3.4787

0.1100

99

3.4623

0.2614

3.3381

0.1019

7   Valuation factors--CPI indexed pension plus 1% with 5% cap

    The pension valuation factors and reversion valuation factors set out in this clause apply if the pension is indexed in accordance with the consumer price index plus 1% with a cap of 5%.

 

Age at relevant date (in completed years)

Valuation factors
CPI indexed pension plus 1% with 5% cap

Males

Females

Pension

Reversion

Pension

Reversion

18

27.0672

1.3954

28.0272

0.5711

19

26.9132

1.4255

27.8884

0.5850

20

26.7571

1.4549

27.7463

0.5989

21

26.5966

1.4850

27.5999

0.6132

22

26.4313

1.5160

27.4485

0.6282

23

26.2608

1.5479

27.2919

0.6438

24

26.0851

1.5808

27.1301

0.6601

25

25.9040

1.6148

26.9634

0.6769

26

25.7174

1.6498

26.7916

0.6942

27

25.5249

1.6859

26.6146

0.7120

28

25.3265

1.7231

26.4326

0.7302

29

25.1220

1.7615

26.2453

0.7487

30

24.9113

1.8010

26.0527

0.7677

31

24.6941

1.8418

25.8547

0.7870

32

24.4703

1.8838

25.6512

0.8066

33

24.2399

1.9269

25.4421

0.8266

34

24.0025

1.9714

25.2270

0.8470

35

23.7582

2.0168

25.0058

0.8679

36

23.5069

2.0636

24.7782

0.8892

37

23.2483

2.1115

24.5443

0.9109

38

22.9822

2.1606

24.3038

0.9330

39

22.7087

2.2109

24.0566

0.9556

40

22.4275

2.2623

23.8026

0.9785

41

22.1384

2.2377

23.5418

0.9417

42

21.8414

2.2107

23.2739

0.9024

43

21.5365

2.1810

22.9991

0.8604

44

21.2236

2.1484

22.7174

0.8157

45

20.9027

2.1129

22.4287

0.7682

46

20.5738

2.0742

22.1330

0.7179

47

20.2371

2.0321

21.8301

0.6647

48

19.8927

1.9865

21.5202

0.6085

49

19.5409

1.9371

21.2033

0.5494

50

19.1818

1.8838

20.8794

0.4874

51

18.8157

1.6341

20.5484

0.4223

52

18.4430

1.3726

20.2103

0.3544

53

18.0637

1.0994

19.8654

0.2835

54

17.6783

0.8144

19.5135

0.2098

55

17.2871

0.5181

19.1547

0.1334

56

16.8903

0.5270

18.7889

0.1356

57

16.4885

0.5355

18.4163

0.1377

58

16.0820

0.5437

18.0367

0.1397

59

15.6714

0.5515

17.6501

0.1418

60

15.2573

0.5588

17.2564

0.1437

61

14.8404

0.5656

16.8558

0.1456

62

14.4213

0.5717

16.4483

0.1474

63

14.0007

0.5773

16.0344

0.1492

64

13.5793

0.5821

15.6143

0.1508

65

13.1579

0.5861

15.1883

0.1524

66

12.7369

0.5893

14.7569

0.1538

67

12.3172

0.5916

14.3207

0.1552

68

11.8992

0.5930

13.8800

0.1564

69

11.4835

0.5935

13.4354

0.1574

70

11.0702

0.5931

12.9874

0.1584

71

10.6597

0.5918

12.5365

0.1592

72

10.2517

0.5896

12.0829

0.1598

73

9.8462

0.5865

11.6272

0.1604

74

9.4431

0.5827

11.1703

0.1608

75

9.0431

0.5780

10.7135

0.1611

76

8.6479

0.5724

10.2587

0.1612

77

8.2598

0.5659

9.8079

0.1611

78

7.8811

0.5583

9.3634

0.1609

79

7.5134

0.5497

8.9275

0.1604

80

7.1584

0.5400

8.5016

0.1598

81

6.8173

0.5293

8.0858

0.1590

82

6.4912

0.5176

7.6798

0.1581

83

6.1809

0.5050

7.2838

0.1571

84

5.8872

0.4916

6.8991

0.1560

85

5.6110

0.4774

6.5275

0.1548

86

5.3528

0.4626

6.1713

0.1535

87

5.1137

0.4474

5.8337

0.1520

88

4.8949

0.4317

5.5177

0.1503

89

4.6979

0.4158

5.2254

0.1483

90

4.5245

0.3998

4.9572

0.1459

91

4.3759

0.3836

4.7130

0.1431

92

4.2477

0.3675

4.4908

0.1398

93

4.1300

0.3519

4.2873

0.1360

94

4.0148

0.3367

4.0988

0.1318

95

3.9003

0.3218

3.9228

0.1271

96

3.7873

0.3069

3.7583

0.1218

97

3.6738

0.2917

3.6041

0.1158

98

3.5588

0.2758

3.4584

0.1090

99

3.4421

0.2587

3.3193

0.1011

8   Valuation factors--wage indexed pension

    The pension valuation factors and reversion valuation factors set out in this clause apply if the pension is indexed in accordance with a general wage index (for example, average weekly earnings, or average weekly ordinary time earnings, published by the Australian Bureau of Statistics).

 

Age at relevant date (in completed years)

Valuation factors--wage indexed pension

Males

Females

Pension

Reversion

Pension

Reversion

18

31.5392

2.0502

32.9054

0.8460

19

31.3119

2.0845

32.6943

0.8620

20

31.0823

2.1177

32.4791

0.8780

21

30.8476

2.1514

32.2590

0.8942

22

30.6073

2.1860

32.0329

0.9112

23

30.3613

2.2214

31.8008

0.9288

24

30.1093

2.2577

31.5629

0.9470

25

29.8513

2.2949

31.3191

0.9656

26

29.5871

2.3330

31.0696

0.9847

27

29.3164

2.3720

30.8143

1.0042

28

29.0392

2.4121

30.5533

1.0239

29

28.7553

2.4532

30.2864

1.0440

30

28.4648

2.4953

30.0138

1.0644

31

28.1671

2.5384

29.7352

1.0849

32

27.8625

2.5825

29.4505

1.1058

33

27.5509

2.6275

29.1598

1.1268

34

27.2318

2.6736

28.8627

1.1481

35

26.9057

2.7205

28.5590

1.1698

36

26.5721

2.7684

28.2486

1.1917

37

26.2311

2.8172

27.9314

1.2140

38

25.8824

2.8669

27.6073

1.2365

39

25.5262

2.9173

27.2764

1.2593

40

25.1622

2.9686

26.9383

1.2822

41

24.7903

2.9200

26.5933

1.2271

42

24.4106

2.8686

26.2411

1.1692

43

24.0231

2.8142

25.8820

1.1087

44

23.6279

2.7567

25.5159

1.0453

45

23.2249

2.6960

25.1430

0.9790

46

22.8144

2.6318

24.7632

0.9099

47

22.3965

2.5641

24.3764

0.8379

48

21.9715

2.4926

23.9830

0.7630

49

21.5398

2.4171

23.5828

0.6852

50

21.1015

2.3377

23.1761

0.6046

51

20.6571

2.0168

22.7628

0.5212

52

20.2070

1.6849

22.3430

0.4351

53

19.7515

1.3422

21.9170

0.3463

54

19.2910

0.9891

21.4847

0.2550

55

18.8258

0.6259

21.0463

0.1613

56

18.3565

0.6333

20.6017

0.1631

57

17.8836

0.6402

20.1513

0.1648

58

17.4074

0.6467

19.6949

0.1665

59

16.9288

0.6527

19.2325

0.1681

60

16.4483

0.6581

18.7641

0.1696

61

15.9668

0.6628

18.2900

0.1710

62

15.4849

0.6668

17.8104

0.1723

63

15.0034

0.6701

17.3256

0.1736

64

14.5232

0.6725

16.8361

0.1747

65

14.0448

0.6740

16.3424

0.1757

66

13.5691

0.6747

15.8449

0.1765

67

13.0966

0.6743

15.3442

0.1773

68

12.6279

0.6731

14.8409

0.1779

69

12.1636

0.6708

14.3356

0.1783

70

11.7039

0.6675

13.8288

0.1786

71

11.2490

0.6633

13.3211

0.1788

72

10.7986

0.6581

12.8129

0.1788

73

10.3529

0.6521

12.3046

0.1786

74

9.9114

0.6453

11.7973

0.1784

75

9.4751

0.6377

11.2925

0.1779

76

9.0457

0.6292

10.7919

0.1774

77

8.6255

0.6197

10.2979

0.1766

78

8.2168

0.6092

9.8127

0.1757

79

7.8213

0.5977

9.3386

0.1746

80

7.4407

0.5852

8.8770

0.1733

81

7.0760

0.5717

8.4279

0.1718

82

6.7283

0.5573

7.9910

0.1703

83

6.3983

0.5421

7.5664

0.1686

84

6.0869

0.5261

7.1553

0.1669

85

5.7945

0.5095

6.7594

0.1651

86

5.5219

0.4925

6.3813

0.1632

87

5.2699

0.4750

6.0237

0.1612

88

5.0397

0.4574

5.6900

0.1590

89

4.8327

0.4395

5.3818

0.1564

90

4.6505

0.4217

5.0996

0.1535

91

4.4944

0.4039

4.8430

0.1502

92

4.3595

0.3863

4.6099

0.1464

93

4.2355

0.3691

4.3966

0.1421

94

4.1143

0.3526

4.1992

0.1374

95

3.9940

0.3364

4.0152

0.1322

96

3.8753

0.3202

3.8434

0.1264

97

3.7562

0.3038

3.6824

0.1199

98

3.6357

0.2867

3.5304

0.1125

99

3.5135

0.2683

3.3855

0.1041

9   Valuation factors--pension indexed at 3%

    The pension valuation factors and reversion valuation factors set out in this clause apply if the pension is indexed at 3%.

 

Age at relevant date (in completed years)

Valuation factors--pension indexed at 3%

Males

Females

Pension

Reversion

Pension

Reversion

18

25.4467

1.1877

26.2753

0.4841

19

25.3161

1.2157

26.1592

0.4970

20

25.1836

1.2430

26.0400

0.5099

21

25.0470

1.2710

25.9169

0.5232

22

24.9059

1.3000

25.7892

0.5371

23

24.7601

1.3300

25.6567

0.5518

24

24.6093

1.3609

25.5194

0.5671

25

24.4535

1.3928

25.3774

0.5829

26

24.2924

1.4259

25.2307

0.5992

27

24.1259

1.4601

25.0792

0.6160

28

23.9537

1.4954

24.9229

0.6332

29

23.7757

1.5320

24.7617

0.6509

30

23.5919

1.5698

24.5955

0.6689

31

23.4018

1.6088

24.4243

0.6873

32

23.2054

1.6491

24.2477

0.7062

33

23.0027

1.6906

24.0658

0.7254

34

22.7932

1.7334

23.8783

0.7450

35

22.5772

1.7775

23.6848

0.7652

36

22.3542

1.8228

23.4853

0.7858

37

22.1242

1.8694

23.2797

0.8070

38

21.8869

1.9173

23.0677

0.8285

39

21.6423

1.9664

22.8493

0.8506

40

21.3902

2.0169

22.6242

0.8730

41

21.1303

1.9997

22.3925

0.8422

42

20.8626

1.9802

22.1540

0.8089

43

20.5871

1.9582

21.9086

0.7731

44

20.3037

1.9336

21.6565

0.7347

45

20.0122

1.9061

21.3975

0.6935

46

19.7128

1.8756

21.1315

0.6496

47

19.4055

1.8419

20.8583

0.6028

48

19.0904

1.8047

20.5783

0.5531

49

18.7678

1.7640

20.2912

0.5005

50

18.4377

1.7194

19.9970

0.4450

51

18.1004

1.4950

19.6957

0.3865

52

17.7562

1.2587

19.3873

0.3250

53

17.4052

1.0104

19.0719

0.2606

54

17.0478

0.7502

18.7494

0.1933

55

16.6841

0.4783

18.4198

0.1231

56

16.3146

0.4875

18.0830

0.1254

57

15.9395

0.4965

17.7392

0.1276

58

15.5593

0.5052

17.3881

0.1298

59

15.1744

0.5135

17.0298

0.1319

60

14.7856

0.5214

16.6641

0.1340

61

14.3934

0.5289

16.2910

0.1360

62

13.9983

0.5357

15.9108

0.1380

63

13.6010

0.5420

15.5236

0.1399

64

13.2024

0.5476

15.1299

0.1417

65

12.8029

0.5524

14.7298

0.1435

66

12.4033

0.5565

14.3238

0.1451

67

12.0041

0.5597

13.9123

0.1467

68

11.6059

0.5621

13.4958

0.1481

69

11.2092

0.5636

13.0747

0.1494

70

10.8142

0.5642

12.6495

0.1505

71

10.4211

0.5639

12.2207

0.1515

72

10.0299

0.5627

11.7885

0.1524

73

9.6404

0.5607

11.3535

0.1532

74

9.2525

0.5580

10.9164

0.1539

75

8.8669

0.5544

10.4786

0.1544

76

8.4854

0.5499

10.0419

0.1548

77

8.1102

0.5445

9.6083

0.1550

78

7.7435

0.5381

9.1801

0.1550

79

7.3870

0.5305

8.7595

0.1548

80

7.0424

0.5219

8.3478

0.1544

81

6.7108

0.5123

7.9454

0.1538

82

6.3935

0.5016

7.5519

0.1532

83

6.0912

0.4900

7.1675

0.1524

84

5.8048

0.4776

6.7935

0.1515

85

5.5351

0.4644

6.4316

0.1506

86

5.2828

0.4505

6.0845

0.1495

87

5.0490

0.4361

5.7550

0.1482

88

4.8348

0.4213

5.4463

0.1468

89

4.6419

0.4062

5.1604

0.1450

90

4.4720

0.3908

4.8980

0.1428

91

4.3266

0.3753

4.6589

0.1401

92

4.2012

0.3599

4.4412

0.1371

93

4.0859

0.3448

4.2417

0.1335

94

3.9732

0.3301

4.0568

0.1295

95

3.8611

0.3158

3.8841

0.1250

96

3.7505

0.3014

3.7227

0.1199

97

3.6393

0.2867

3.5712

0.1141

98

3.5266

0.2713

3.4281

0.1075

99

3.4122

0.2547

3.2915

0.0998

10   Valuation factors--pension indexed at 5%

    The pension valuation factors and reversion valuation factors set out in this clause apply if the pension is indexed at 5%.

 

Age at relevant date (in completed years)

Valuation factors--pension indexed at 5%

Males

Females

Pension

Reversion

Pension

Reversion

18

40.1545

3.6178

42.4637

1.5075

19

39.7545

3.6511

42.0758

1.5237

20

39.3526

3.6824

41.6836

1.5396

21

38.9456

3.7138

41.2861

1.5557

22

38.5326

3.7457

40.8820

1.5724

23

38.1137

3.7783

40.4714

1.5897

24

37.6887

3.8113

40.0545

1.6074

25

37.2575

3.8449

39.6315

1.6255

26

36.8199

3.8792

39.2026

1.6437

27

36.3760

3.9140

38.7678

1.6622

28

35.9256

3.9494

38.3273

1.6807

29

35.4685

3.9856

37.8809

1.6994

30

35.0051

4.0222

37.4289

1.7180

31

34.5348

4.0595

36.9712

1.7367

32

34.0578

4.0973

36.5077

1.7553

33

33.5743

4.1356

36.0385

1.7739

34

33.0839

4.1745

35.5633

1.7925

35

32.5871

4.2137

35.0819

1.8112

36

32.0836

4.2533

34.5942

1.8300

37

31.5733

4.2932

34.1004

1.8487

38

31.0564

4.3334

33.6004

1.8675

39

30.5329

4.3739

33.0942

1.8862

40

30.0028

4.4145

32.5819

1.9048

41

29.4660

4.3068

32.0634

1.8079

42

28.9227

4.1964

31.5390

1.7086

43

28.3731

4.0832

31.0087

1.6069

44

27.8174

3.9671

30.4728

1.5027

45

27.2556

3.8480

29.9315

1.3962

46

26.6882

3.7258

29.3847

1.2872

47

26.1153

3.6003

28.8326

1.1760

48

25.5376

3.4716

28.2756

1.0624

49

24.9554

3.3394

27.7138

0.9467

50

24.3691

3.2038

27.1473

0.8289

51

23.7793

2.7421

26.5763

0.7091

52

23.1865

2.2727

26.0011

0.5874

53

22.5912

1.7963

25.4218

0.4640

54

21.9940

1.3134

24.8387

0.3392

55

21.3952

0.8247

24.2520

0.2129

56

20.7954

0.8281

23.6617

0.2137

57

20.1954

0.8309

23.0683

0.2145

58

19.5956

0.8331

22.4716

0.2151

59

18.9968

0.8346

21.8718

0.2156

60

18.4000

0.8354

21.2690

0.2160

61

17.8059

0.8354

20.6634

0.2163

62

17.2152

0.8345

20.0555

0.2164

63

16.6287

0.8328

19.4457

0.2165

64

16.0475

0.8301

18.8345

0.2164

65

15.4722

0.8264

18.2227

0.2162

66

14.9034

0.8217

17.6105

0.2158

67

14.3420

0.8160

16.9989

0.2153

68

13.7884

0.8093

16.3886

0.2146

69

13.2431

0.8016

15.7800

0.2138

70

12.7063

0.7928

15.1739

0.2128

71

12.1781

0.7831

14.5709

0.2116

72

11.6582

0.7724

13.9714

0.2103

73

11.1466

0.7609

13.3758

0.2089

74

10.6428

0.7486

12.7854

0.2074

75

10.1478

0.7356

12.2017

0.2057

76

9.6632

0.7218

11.6264

0.2039

77

9.1916

0.7071

11.0621

0.2019

78

8.7351

0.6914

10.5110

0.1997

79

8.2955

0.6749

9.9755

0.1974

80

7.8742

0.6575

9.4568

0.1949

81

7.4723

0.6393

8.9548

0.1923

82

7.0907

0.6203

8.4689

0.1896

83

6.7299

0.6007

7.9991

0.1869

84

6.3906

0.5806

7.5465

0.1842

85

6.0731

0.5600

7.1127

0.1814

86

5.7781

0.5391

6.7001

0.1785

87

5.5062

0.5182

6.3116

0.1755

88

5.2583

0.4971

5.9502

0.1724

89

5.0358

0.4762

5.6176

0.1690

90

4.8401

0.4555

5.3138

0.1652

91

4.6723

0.4350

5.0381

0.1610

92

4.5270

0.4150

4.7882

0.1564

93

4.3934

0.3956

4.5599

0.1514

94

4.2630

0.3769

4.3490

0.1459

95

4.1337

0.3586

4.1527

0.1399

96

4.0063

0.3404

3.9697

0.1333

97

3.8786

0.3220

3.7985

0.1260

98

3.7496

0.3030

3.6370

0.1178

99

3.6189

0.2827

3.4832

0.1086