Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(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:
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 90MZB 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:
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:
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.
|
|
Valuation factors -- pension not indexed |
|||
|
Males |
Females |
|||
|
Reversion |
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 |
5.7729 |
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.
|
|
Valuation factors -- CPI indexed pension |
|||
|
Males |
Females |
|||
|
Reversion |
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%.
|
|
Valuation factors -- CPI indexed pension with 5% cap |
|||
|
Males |
Females |
|||
|
Reversion |
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%.
|
|
Valuation factors -- CPI indexed pension plus 1% |
|||
|
Males |
Females |
|||
|
Reversion |
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%.
|
|
Valuation
factors |
|||
|
Males |
Females |
|||
|
Reversion |
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).
|
|
Valuation factors -- wage indexed pension |
|||
|
Males |
Females |
|||
|
Reversion |
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 |
|