Pensions Circular PC 338 - The Civil Service
Pensions Circular PC 338 - The Civil Service
Pensions Circular PC 338 - The Civil Service
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My <strong>Civil</strong> <strong>Service</strong> Pension<strong>Pensions</strong> <strong>Circular</strong><strong>PC</strong> <strong>338</strong>Principal <strong>Civil</strong> <strong>Service</strong> Pension SchemeUpdated Scheme FactorsIssue(s)ActionAudience• Updated actuarial factors for use in calculating inversecommutation, added pension, trivial commutation, transfervalues and divorce.• Bring this <strong>PC</strong> to the attention of all staff involved in inversecommutation, added pension, trivial commutation, transfer values anddivorce.• Note this <strong>PC</strong> confirms the factors previously released to PSCs on CARand loaded onto Penserver• Manuals must be updated with the relevant factors. <strong>The</strong> website willbe updated soon.This <strong>PC</strong> is of particular interest to:Timing • ImmediateBackground• All staff involved in calculating inverse commutation, added pension,trivial commutation and transfer values.1. Below is a list of revised <strong>PC</strong>SPS factors following the review of the previousfactors in light of the switch from RPI to CPI revaluation. <strong>The</strong> revised factors arefor:2. - Inverse commutation (Annex 1)Table 1 Inverse Commutation3. - Purchase of Added Pension (Annex 2)Table 2 Added Pension by Periodical Contribution – classicTable 3 Added Pension by Lump Sum – classicTable 4 Added Pension Adjustment for Market Conditions – classic
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 5 Added Pension by Periodical Contribution – premiumTable 6 Added Pension by Lump Sum – premiumTable 7 Added Pension Adjustment for Market Conditions – premiumTable 8 Added Pension by Periodical Contribution – nuvosTable 9 Added Pension by Lump Sum – nuvosTable 10 Added Pension Adjustment for Market Conditions – nuvosTable 11 Added Pension Revaluation factors – all schemes4. - Trivial Commutation (Annex 3)Table 12 Trivial Commutation5. - Non-Club Transfers (Annex 4)Table 13 Non-Club classic Added Pension transfer out (pension age 60)Table 14 Non-Club classic Added Pension AMC (pension age 60)Table 15 Non-Club premium Added Pension transfer out (pension age 60)Table 16 Non-Club premium Added Pension AMC (pension age 60)Table 17 Non-Club Added Pension revaluation factors (pension age 60)Table 18 Non-Club final salary transfers out – Male (pension age 60)Table 19 Non-Club final salary transfers out – Female (pension age 60)Table 20 Non-Club final salary transfers in – Male (pension age 60)Table 21 Non-Club final salary transfers in – Female (pension age 60)Table 22 Non-Club final salary AMC (pension age 60)Table 23 Non-Club final salary transfers out – Male (pension age 65)Table 24 Non-Club final salary transfers out – Female (pension age 65)Table 25 Non-Club final salary transfers in – Male (pension age 65)Table 26 Non-Club final salary transfers in – Female (pension age 65)Table 27 Non-Club final salary AMC (pension age 65)Table 28 Non-Club nuvos transfers outTable 29 Non-Club nuvos transfers inTable 30 Non-Club nuvos revaluation factorsTable 31 Non-Club nuvos AMCTable 32 GMP Deduction factors (transfer out where the GMP preserved in<strong>PC</strong>SPS)6. - Club Transfers (Annex 5)Table 33 Club transfers – Male (pension age 60)Table 34 Club transfers – Female (pension age 60)Table 35 Club transfers – Male (pension age 65)Table 36 Club transfers – Female (pension age 65)Table 37 Club AMC7. - <strong>Pensions</strong> and Divorce (Annex 6)Table 38 Pension sharing pensioner cash equivalents: Retirement not onGrounds of Ill-Health – MaleTable 39 Pension sharing pensioner cash equivalents: Retirement not onGrounds of Ill-Health – FemaleTable 40 Pension sharing pensioner cash equivalents: Retirement on Groundsof Ill-Health – MaleTable 41 Pension sharing pensioner cash equivalents: Retirement on Groundsof Ill-Health – FemaleTable 42 Pension sharing pensioner cash equivalents: Adjustment for MarketConditionsTable 43 Pension sharing: Pension credit for ex-spouseTable 44 Pension sharing: Pension credit for ex-spouse – Adjustment forMarket Conditions
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>8. <strong>The</strong> Added Pension calculators on the pensions website have been updated withthe revised factors.9. Non-Club transfer value and pensions on divorce factors are applicable from 6July 2010. All other factors are applicable from 1 October 2010.Reference(s) You will find copies of <strong>PC</strong>s, EPNs and forms on our Websitewww.civilservice.gov.uk/pensionsContactsEnquiries about content:infra helpdesk (through CAR)My <strong>Civil</strong> <strong>Service</strong> Pension, Grosvenor House, Basing View, Basingstoke, RG214HG.Enquiries about distribution or to receive in a different format:Sally Cashman – address as above or GTN 1439 6414 or STD 01256 846414or email employerhelpdesk@cabinet-office.x.gsi.gov.uk© Crown Copyright March 2011
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Inverse Commutation factors from 1 October 2010Annex 1Table 1Inverse CommutationAmount of additional pension for every £100 of lump sumAge at retirementin years and complete monthsMember'spensionMember's andspouse's pensionfromtomale female male female£ £ £ £48 years and 0 months 48 years and 5 months 4.37 4.32 4.28 4.2748 years and 6 months 48 years and 11 months 4.39 4.33 4.29 4.2849 years and 0 months 49 years and 5 months 4.42 4.35 4.32 4.3149 years and 6 months 49 years and 11 months 4.44 4.37 4.34 4.3250 years and 0 months 50 years and 5 months 4.46 4.39 4.36 4.3450 years and 6 months 50 years and 11 months 4.49 4.41 4.38 4.3651 years and 0 months 51 years and 5 months 4.51 4.43 4.40 4.3851 years and 6 months 51 years and 11 months 4.53 4.45 4.42 4.4052 years and 0 months 52 years and 5 months 4.56 4.48 4.44 4.4252 years and 6 months 52 years and 11 months 4.59 4.49 4.46 4.4453 years and 0 months 53 years and 5 months 4.62 4.52 4.49 4.4653 years and 6 months 53 years and 11 months 4.64 4.54 4.51 4.4954 years and 0 months 54 years and 5 months 4.67 4.57 4.54 4.5154 years and 6 months 54 years and 11 months 4.70 4.59 4.56 4.5355 years and 0 months 55 years and 5 months 4.73 4.62 4.59 4.5655 years and 6 months 55 years and 11 months 4.76 4.64 4.62 4.5856 years and 0 months 56 years and 5 months 4.80 4.67 4.65 4.6156 years and 6 months 56 years and 11 months 4.82 4.70 4.67 4.6457 years and 0 months 57 years and 5 months 4.86 4.73 4.71 4.6757 years and 6 months 57 years and 11 months 4.89 4.76 4.74 4.6958 years and 0 months 58 years and 5 months 4.93 4.79 4.77 4.7358 years and 6 months 58 years and 11 months 4.97 4.82 4.80 4.7659 years and 0 months 59 years and 5 months 5.01 4.86 4.84 4.7959 years and 6 months 59 years and 11 months 5.05 4.89 4.87 4.8260 years and 0 months 60 years and 5 months 5.10 4.93 4.91 4.8660 years and 6 months 60 years and 11 months 5.14 4.97 4.95 4.9061 years and 0 months 61 years and 5 months 5.19 5.01 4.99 4.9461 years and 6 months 61 years and 11 months 5.23 5.05 5.03 4.9762 years and 0 months 62 years and 5 months 5.28 5.10 5.08 5.0262 years and 6 months 62 years and 11 months 5.33 5.14 5.12 5.0663 years and 0 months 63 years and 5 months 5.39 5.19 5.17 5.1163 years and 6 months 63 years and 11 months 5.44 5.23 5.21 5.1564 years and 0 months 64 years and 5 months 5.50 5.29 5.27 5.2064 years and 6 months 64 years and 11 months 5.55 5.34 5.31 5.25
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 1Inverse Commutation (continued)Amount of additional pension for every £100 of lump sumAge at retirementin years and complete monthsMember'spensionMember's andspouse's pensionfromtomale female male female£ £ £ £65 years and 0 months 65 years and 5 months 5.62 5.40 5.37 5.3065 years and 6 months 65 years and 11 months 5.68 5.44 5.42 5.3566 years and 0 months 66 years and 5 months 5.75 5.51 5.48 5.4166 years and 6 months 66 years and 11 months 5.81 5.56 5.53 5.4667 years and 0 months 67 years and 5 months 5.88 5.63 5.60 5.5267 years and 6 months 67 years and 11 months 5.94 5.68 5.65 5.5868 years and 0 months 68 years and 5 months 6.03 5.76 5.73 5.6568 years and 6 months 68 years and 11 months 6.09 5.81 5.78 5.7069 years and 0 months 69 years and 5 months 6.18 5.89 5.86 5.7869 years and 6 months 69 years and 11 months 6.25 5.95 5.92 5.8470 years and 0 months 70 years and 5 months 6.35 6.04 6.01 5.9270 years and 6 months 70 years and 11 months 6.42 6.11 6.07 5.9871 years and 0 months 71 years and 5 months 6.53 6.20 6.16 6.0771 years and 6 months 71 years and 11 months 6.61 6.27 6.23 6.1472 years and 0 months 72 years and 5 months 6.73 6.37 6.33 6.2472 years and 6 months 72 years and 11 months 6.82 6.46 6.41 6.3273 years and 0 months 73 years and 5 months 6.95 6.57 6.52 6.4373 years and 6 months 73 years and 11 months 7.06 6.66 6.61 6.5174 years and 0 months 74 years and 5 months 7.20 6.79 6.73 6.6474 years and 6 months 74 years and 11 months 7.31 6.89 6.83 6.74
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Added Pension factors from 1 October 2010Annex 2Table 2Added Pension by Periodical Contribution – classicMale Female UnisexAge Member's pension factor Member's pension factor Member + spouse16 0.98 1.02 1.0417 1.06 1.10 1.1218 1.14 1.19 1.2119 1.22 1.28 1.3020 1.32 1.38 1.4021 1.42 1.48 1.5122 1.53 1.60 1.6223 1.65 1.72 1.7424 1.78 1.85 1.8825 1.91 1.99 2.0226 2.06 2.14 2.1727 2.22 2.30 2.3428 2.38 2.48 2.5229 2.57 2.67 2.7130 2.76 2.87 2.9231 2.97 3.09 3.1432 3.20 3.32 3.3733 3.44 3.57 3.6334 3.70 3.84 3.9135 3.98 4.13 4.2036 4.29 4.44 4.5237 4.61 4.78 4.8638 4.96 5.14 5.2339 5.33 5.53 5.6240 5.74 5.95 6.0541 6.17 6.40 6.5142 6.64 6.88 7.0043 7.14 7.40 7.5344 7.68 7.96 8.0945 8.27 8.57 8.7146 8.89 9.21 9.3647 9.57 9.90 10.0748 10.29 10.65 10.8349 11.07 11.45 11.6450 11.89 12.32 12.5151 12.78 13.23 13.4352 13.73 14.21 14.4353 14.74 15.25 15.4854 15.82 16.36 16.6055 16.97 17.53 17.8056 18.21 18.79 19.0657 19.51 20.12 20.4158 20.91 21.53 21.8559 22.38 23.03 23.3660 23.96 24.61 24.9761 23.61 24.28 24.6562 23.25 23.94 24.3263 22.87 23.59 23.9764 22.48 23.21 23.6165 22.08 22.84 23.2466 21.69 22.45 22.8667 21.29 22.06 22.4868 20.87 21.66 22.0969 20.46 21.25 21.6970 20.03 20.83 21.27
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 3Added Pension by Lump Sum – classicAge Male Female UnisexMember's pension factor Member's pension factor Member + spouse16 0.77 0.81 0.8217 0.83 0.87 0.8818 0.90 0.94 0.9519 0.96 1.01 1.0220 1.04 1.08 1.1021 1.12 1.17 1.1922 1.21 1.26 1.2823 1.30 1.35 1.3724 1.40 1.46 1.4825 1.50 1.57 1.5926 1.62 1.69 1.7127 1.75 1.81 1.8428 1.88 1.96 1.9829 2.02 2.10 2.1430 2.17 2.26 2.3031 2.34 2.43 2.4732 2.52 2.62 2.6633 2.71 2.81 2.8634 2.91 3.03 3.0835 3.13 3.26 3.3136 3.38 3.50 3.5637 3.63 3.76 3.8<strong>338</strong> 3.91 4.05 4.1239 4.20 4.36 4.4340 4.52 4.68 4.7641 4.86 5.04 5.1242 5.23 5.42 5.5143 5.62 5.83 5.9344 6.05 6.27 6.3745 6.51 6.75 6.8646 7.00 7.25 7.3747 7.54 7.80 7.9348 8.11 8.40 8.5349 8.73 9.03 9.1850 9.39 9.73 9.8851 10.11 10.47 10.6352 10.89 11.27 11.4453 11.73 12.13 12.3154 12.63 13.06 13.2655 13.61 14.06 14.2756 14.68 15.15 15.3757 15.83 16.33 16.5658 17.09 17.59 17.8659 18.44 18.97 19.2560 19.93 20.47 20.7761 19.66 20.22 20.5262 19.38 19.95 20.2763 19.08 19.68 20.0064 18.78 19.39 19.7265 18.47 19.10 19.4366 18.16 18.80 19.1467 17.85 18.50 18.8568 17.53 18.19 18.5569 17.21 17.87 18.2470 16.87 17.55 17.92
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 4Added Pension Adjustment for Market Conditions – classicYieldAge 0.0% 1.0% 2.0% 3.0%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.31 1.21 1.12 1.0451 1.30 1.21 1.12 1.0452 1.30 1.21 1.12 1.0453 1.30 1.20 1.12 1.0454 1.29 1.20 1.11 1.0455 1.28 1.19 1.11 1.0456 1.27 1.19 1.11 1.0357 1.26 1.18 1.10 1.0358 1.25 1.17 1.10 1.0359 1.24 1.16 1.09 1.0360 1.22 1.15 1.09 1.0361 1.22 1.15 1.09 1.0362 1.22 1.15 1.09 1.0363 1.22 1.15 1.09 1.0364 1.22 1.15 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.0370 1.20 1.14 1.08 1.03
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 5Added Pension by Periodical Contribution – premiumAge Male Female UnisexMember's pension factor Member's pension factor Member + spouse16 0.84 0.88 0.9017 0.90 0.95 0.9718 0.98 1.02 1.0419 1.05 1.10 1.1220 1.13 1.18 1.2121 1.22 1.27 1.3022 1.31 1.37 1.4023 1.41 1.48 1.5024 1.52 1.59 1.6225 1.63 1.71 1.7426 1.76 1.84 1.8827 1.90 1.98 2.0228 2.04 2.13 2.1729 2.19 2.29 2.3430 2.36 2.47 2.5231 2.54 2.65 2.7132 2.73 2.85 2.9133 2.94 3.07 3.1334 3.16 3.30 3.3735 3.40 3.54 3.6236 3.66 3.81 3.8937 3.94 4.10 4.1938 4.23 4.41 4.5039 4.55 4.74 4.8440 4.89 5.09 5.2041 5.26 5.48 5.5942 5.66 5.89 6.0243 6.08 6.34 6.4744 6.54 6.82 6.9545 7.04 7.33 7.4846 7.58 7.89 8.0447 8.15 8.48 8.6548 8.77 9.12 9.3049 9.43 9.82 10.0150 10.15 10.56 10.7651 10.93 11.36 11.5852 11.76 12.23 12.4653 12.66 13.15 13.4054 13.62 14.15 14.4055 14.66 15.21 15.4856 15.77 16.35 16.6457 16.96 17.57 17.8858 18.23 18.87 19.1959 19.61 20.26 20.6260 21.07 21.75 22.1161 20.62 21.31 21.6962 20.13 20.83 21.2263 19.60 20.33 20.7264 19.06 19.80 20.1965 18.50 19.25 19.6466 18.10 18.87 19.2867 17.71 18.48 18.9068 17.30 18.09 18.5169 16.90 17.68 18.1270 16.46 17.27 17.71
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 6Added Pension by Lump Sum – premiumAge Male Female UnisexMember's pension factor Member's pension factor Member + spouse16 0.66 0.69 0.7117 0.71 0.75 0.7618 0.77 0.80 0.8219 0.83 0.87 0.8820 0.89 0.93 0.9521 0.96 1.00 1.0222 1.03 1.08 1.1023 1.11 1.16 1.1924 1.20 1.25 1.2825 1.29 1.35 1.3726 1.39 1.45 1.4827 1.49 1.56 1.5928 1.61 1.68 1.7129 1.73 1.81 1.8430 1.86 1.94 1.9831 2.00 2.09 2.1332 2.15 2.25 2.2933 2.32 2.42 2.4734 2.49 2.60 2.6535 2.68 2.79 2.8536 2.88 3.00 3.0737 3.10 3.23 3.3038 3.33 3.47 3.5439 3.58 3.73 3.8140 3.85 4.01 4.0941 4.14 4.32 4.4142 4.46 4.64 4.7443 4.79 4.99 5.0944 5.15 5.37 5.4845 5.55 5.77 5.8946 5.97 6.21 6.3347 6.42 6.68 6.8148 6.91 7.18 7.3349 7.43 7.73 7.8850 8.00 8.32 8.4851 8.61 8.95 9.1252 9.27 9.64 9.8153 9.98 10.37 10.5654 10.74 11.16 11.3655 11.58 12.01 12.2356 12.48 12.94 13.1757 13.46 13.94 14.1958 14.52 15.02 15.2859 15.68 16.20 16.4860 16.93 17.47 17.7761 16.66 17.22 17.5362 16.38 16.95 17.2763 16.08 16.68 17.0064 15.78 16.39 16.7265 15.47 16.10 16.4366 15.16 15.80 16.1567 14.85 15.50 15.8568 14.53 15.19 15.5469 14.21 14.87 15.2470 13.87 14.55 14.92
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 7Added Pension Adjustment for Market Conditions – premiumYieldAge 0.0% 1.0% 2.0% 3.0%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.31 1.21 1.12 1.0451 1.31 1.21 1.12 1.0452 1.31 1.21 1.12 1.0453 1.31 1.21 1.12 1.0454 1.31 1.21 1.12 1.0455 1.31 1.21 1.12 1.0456 1.30 1.21 1.12 1.0457 1.30 1.21 1.12 1.0458 1.29 1.20 1.12 1.0459 1.29 1.20 1.11 1.0460 1.28 1.19 1.11 1.0461 1.27 1.18 1.11 1.0362 1.26 1.18 1.10 1.0363 1.25 1.17 1.10 1.0364 1.23 1.16 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.0370 1.20 1.14 1.08 1.03
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 8Added Pension by Periodical Contribution – nuvosMale Female UnisexAge Member's pension factor Member's pension factor Member + spouse16 0.54 0.58 0.5917 0.58 0.62 0.6418 0.63 0.67 0.6919 0.68 0.72 0.7420 0.73 0.78 0.8021 0.78 0.84 0.8622 0.85 0.90 0.9223 0.91 0.97 0.9924 0.98 1.04 1.0725 1.05 1.12 1.1526 1.13 1.21 1.2427 1.22 1.30 1.3328 1.31 1.40 1.4329 1.41 1.50 1.5430 1.52 1.61 1.6631 1.63 1.74 1.7832 1.76 1.86 1.9133 1.89 2.00 2.0634 2.03 2.15 2.2135 2.18 2.31 2.3736 2.34 2.48 2.5537 2.52 2.67 2.7438 2.71 2.87 2.9539 2.91 3.08 3.1640 3.13 3.31 3.4041 3.36 3.55 3.6542 3.61 3.82 3.9243 3.88 4.10 4.2144 4.16 4.40 4.5345 4.48 4.74 4.8746 4.81 5.09 5.2247 5.17 5.47 5.6148 5.56 5.87 6.0349 5.97 6.31 6.4850 6.42 6.78 6.9651 6.90 7.29 7.4852 7.41 7.83 8.0353 7.97 8.42 8.6254 8.56 9.04 9.2655 9.20 9.70 9.9356 9.87 10.41 10.6557 10.60 11.16 11.4158 11.37 11.96 12.2359 12.19 12.81 13.1060 13.08 13.72 14.0261 14.04 14.71 15.0362 15.06 15.75 16.0963 16.13 16.85 17.2064 17.29 18.03 18.4065 18.50 19.25 19.6466 18.10 18.87 19.2867 17.71 18.48 18.9068 17.30 18.09 18.5169 16.90 17.68 18.1270 16.46 17.27 17.71
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 9Added Pension by Lump Sum – nuvosMale Female UnisexAge Member's pension factor Member's pension factor Member + spouse16 0.43 0.45 0.4717 0.46 0.49 0.5018 0.50 0.53 0.5419 0.53 0.57 0.5820 0.58 0.61 0.6321 0.62 0.66 0.6822 0.67 0.71 0.7323 0.72 0.76 0.7824 0.77 0.82 0.8425 0.83 0.88 0.9126 0.89 0.95 0.9727 0.96 1.02 1.0528 1.03 1.10 1.1329 1.11 1.18 1.2130 1.20 1.27 1.3031 1.29 1.37 1.4032 1.38 1.47 1.5133 1.49 1.58 1.6234 1.60 1.70 1.7435 1.72 1.82 1.8736 1.85 1.96 2.0137 1.98 2.10 2.1638 2.13 2.26 2.3239 2.29 2.42 2.4940 2.46 2.61 2.6841 2.64 2.80 2.8842 2.84 3.01 3.0943 3.05 3.23 3.3244 3.28 3.47 3.5745 3.53 3.73 3.8346 3.79 4.01 4.1147 4.07 4.31 4.4248 4.38 4.62 4.7549 4.70 4.97 5.1050 5.06 5.34 5.4851 5.44 5.74 5.8952 5.84 6.17 6.3253 6.28 6.63 6.8054 6.76 7.13 7.3055 7.27 7.66 7.8456 7.82 8.24 8.4357 8.41 8.85 9.0658 9.05 9.52 9.7359 9.75 10.24 10.4760 10.51 11.02 11.2661 11.35 11.89 12.1462 12.26 12.82 13.0963 13.23 13.82 14.1164 14.31 14.92 15.2365 15.47 16.10 16.4366 15.16 15.80 16.1567 14.85 15.50 15.8568 14.53 15.19 15.5469 14.21 14.87 15.2470 13.87 14.55 14.92
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 10Added Pension Adjustment for Market Conditions – nuvosYieldAge 0.0% 1.0% 2.0% 3.0%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.31 1.21 1.12 1.0451 1.31 1.21 1.12 1.0452 1.31 1.21 1.12 1.0453 1.31 1.21 1.12 1.0454 1.31 1.21 1.12 1.0455 1.31 1.21 1.12 1.0456 1.30 1.21 1.12 1.0457 1.30 1.21 1.12 1.0458 1.29 1.20 1.12 1.0459 1.29 1.20 1.11 1.0460 1.28 1.19 1.11 1.0461 1.27 1.18 1.11 1.0362 1.26 1.18 1.10 1.0363 1.25 1.17 1.10 1.0364 1.23 1.16 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.0370 1.20 1.14 1.08 1.0371 1.20 1.14 1.08 1.0372 1.20 1.14 1.08 1.0373 1.20 1.13 1.08 1.0374 1.19 1.13 1.08 1.0275 1.19 1.13 1.08 1.02
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 11Added Pension Revaluation factors – all schemesNumber of 1AprilsFactor0 1.001 1.032 1.073 1.114 1.145 1.186 1.227 1.268 1.319 1.3510 1.4011 1.4412 1.4913 1.5414 1.6015 1.6516 1.7117 1.7718 1.8319 1.8920 1.9521 2.0222 2.0923 2.1624 2.2325 2.3126 2.3927 2.4728 2.5529 2.6430 2.7331 2.8232 2.9233 3.0134 3.1235 3.2236 3.3337 3.4538 3.5639 3.6840 3.8141 3.9442 4.0743 4.2144 4.3545 4.5046 4.6647 4.8148 4.9849 5.1550 5.32
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Trivial Commutation factors from 1 October 2010Annex 3Table 12Trivial CommutationAmount of lump sum for every £1 of pensionAge Member's and spouse's pension Dependant's pension50 19.44 18.8751 19.33 18.6752 19.20 18.4753 19.05 18.2754 18.89 18.0555 18.69 17.8356 18.48 17.6057 18.25 17.3658 18.02 17.1159 17.77 16.8560 17.52 16.5861 17.25 16.3062 16.97 16.0063 16.67 15.7064 16.37 15.3865 16.06 15.0566 15.74 14.7267 15.42 14.3768 15.09 14.0269 14.75 13.6670 14.40 13.3071 14.05 12.9472 13.67 12.5673 13.29 12.1874 12.88 11.7875 12.46 11.3876 12.02 10.9577 11.56 10.5178 11.09 10.0679 10.61 9.6080 10.13 9.13
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Annex 4Non-Club Transfer Value factors from 6 July 2010Table 13 Non-Club classic Added Pension transfer out (pension age 60)MaleFemaleAge lastbirthdayatguaranteedateGrosspensionof £1 ayearSpouse'spension of£1 a yearGrosspension +spouse'spension of £1a yearGrosspensionof £1 ayearSpouse'spension of£1 a yearGross pension+ spouse'spension of £1a year17 andunder 0.77 0.05 0.82 0.80 0.02 0.8218 0.83 0.05 0.88 0.86 0.02 0.8919 0.90 0.05 0.95 0.93 0.02 0.9520 0.97 0.06 1.02 1.00 0.03 1.0321 1.04 0.06 1.10 1.08 0.03 1.1122 1.12 0.06 1.19 1.16 0.03 1.1923 1.21 0.07 1.28 1.25 0.03 1.2924 1.30 0.08 1.37 1.35 0.03 1.3825 1.40 0.08 1.48 1.46 0.04 1.4926 1.51 0.09 1.59 1.57 0.04 1.6027 1.63 0.09 1.72 1.69 0.04 1.7328 1.75 0.10 1.85 1.81 0.04 1.8629 1.88 0.11 1.99 1.95 0.05 2.0030 2.03 0.12 2.15 2.11 0.05 2.1631 2.18 0.13 2.31 2.27 0.05 2.3232 2.35 0.13 2.48 2.44 0.06 2.5033 2.53 0.15 2.68 2.63 0.06 2.6934 2.73 0.16 2.88 2.83 0.07 2.9035 2.93 0.17 3.10 3.05 0.07 3.1236 3.16 0.18 3.33 3.28 0.08 3.3637 3.40 0.19 3.59 3.53 0.08 3.6238 3.66 0.21 3.87 3.81 0.09 3.9039 3.94 0.22 4.16 4.10 0.09 4.1940 4.24 0.24 4.48 4.41 0.10 4.5141 4.57 0.26 4.83 4.75 0.11 4.8642 4.92 0.28 5.20 5.12 0.12 5.2343 5.30 0.30 5.60 5.51 0.12 5.6344 5.70 0.32 6.02 5.93 0.13 6.0745 6.14 0.35 6.49 6.39 0.15 6.5346 6.61 0.37 6.98 6.88 0.15 7.0347 7.12 0.39 7.52 7.41 0.16 7.5748 7.67 0.42 8.09 7.98 0.17 8.1549 8.27 0.45 8.72 8.59 0.19 8.7850 8.90 0.48 9.38 9.26 0.20 9.4651 9.59 0.52 10.11 9.97 0.21 10.1852 10.34 0.55 10.89 10.74 0.22 10.9753 11.14 0.59 11.73 11.58 0.24 11.8154 12.02 0.62 12.64 12.47 0.25 12.7255 12.96 0.67 13.63 13.44 0.27 13.7156 13.98 0.71 14.69 14.49 0.29 14.7857 15.08 0.75 15.83 15.62 0.30 15.9258 16.27 0.80 17.07 16.85 0.32 17.1659 17.57 0.85 18.42 18.16 0.34 18.50
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 13Non-Club classic Added Pension transfer out (pension age 60) (continued)MaleFemaleAge lastbirthdayatguaranteedateGrosspensionof £1 ayearSpouse'spension of£1 a yearGrosspension +spouse'spension of £1a yearGrosspensionof £1 ayearSpouse'spension of£1 a yearGross pension+ spouse'spension of £1a year60 18.98 0.90 19.88 19.59 0.36 19.9561 18.68 0.92 19.60 19.31 0.36 19.6762 18.38 0.95 19.33 19.03 0.37 19.4063 18.06 0.97 19.03 18.73 0.37 19.1064 17.73 1.00 18.73 18.42 0.38 18.8065 17.40 1.02 18.42 18.10 0.38 18.4866 17.07 1.04 18.11 17.78 0.39 18.1767 16.74 1.05 17.79 17.45 0.39 17.8468 16.40 1.07 17.47 17.13 0.39 17.5269 16.06 1.08 17.14 16.79 0.39 17.1870 15.72 1.09 16.81 16.45 0.39 16.8471 15.36 1.11 16.47 16.10 0.39 16.4972 14.99 1.12 16.11 15.73 0.39 16.1273 14.61 1.13 15.74 15.34 0.39 15.7374 14.21 1.15 15.36 14.94 0.38 15.3275 13.80 1.16 14.96 14.52 0.38 14.90
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 14 Non-Club classic Added Pension AMC (pension age 60)Age last birthdayat guaranteeYield on index-linked stocks at guarantee datedate0% 1% 2% 3%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.30 1.21 1.12 1.0451 1.30 1.20 1.12 1.0452 1.29 1.20 1.11 1.0453 1.28 1.19 1.11 1.0454 1.27 1.19 1.11 1.0355 1.26 1.18 1.10 1.0356 1.25 1.17 1.10 1.0357 1.24 1.16 1.09 1.0358 1.22 1.15 1.09 1.0359 1.21 1.14 1.08 1.0360 1.19 1.13 1.07 1.0261 1.19 1.13 1.07 1.0262 1.18 1.13 1.07 1.0263 1.18 1.13 1.07 1.0264 1.18 1.12 1.07 1.0265 1.18 1.12 1.07 1.0266 1.18 1.12 1.07 1.0267 1.17 1.12 1.07 1.0268 1.17 1.12 1.07 1.0269 1.17 1.12 1.07 1.0270 1.16 1.11 1.07 1.0271 1.16 1.11 1.06 1.0272 1.16 1.11 1.06 1.0273 1.15 1.11 1.06 1.0274 1.15 1.10 1.06 1.0275 1.15 1.10 1.06 1.02
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 15 Non-Club premium Added Pension transfer out (pension age 60)MaleFemaleAge lastbirthdayatguaranteedateGrosspensionof £1 ayearPartner'spension of£1 a yearGrosspension +partnerspension of£1 a yearGrosspensionof £1 ayearPartner'spension of£1 a yearGross pension +partners pensionof £1 a year17 andunder 0.66 0.05 0.70 0.69 0.02 0.7118 0.71 0.05 0.76 0.74 0.02 0.7619 0.76 0.05 0.81 0.79 0.03 0.8220 0.82 0.06 0.88 0.86 0.03 0.8821 0.88 0.06 0.94 0.92 0.03 0.9522 0.95 0.06 1.02 0.99 0.03 1.0223 1.03 0.07 1.10 1.07 0.03 1.1024 1.10 0.07 1.18 1.15 0.04 1.1925 1.19 0.08 1.27 1.24 0.04 1.2826 1.28 0.08 1.36 1.33 0.04 1.3827 1.38 0.09 1.47 1.44 0.04 1.4828 1.49 0.10 1.58 1.55 0.05 1.6029 1.60 0.11 1.71 1.67 0.05 1.7230 1.72 0.11 1.83 1.79 0.06 1.8531 1.85 0.12 1.97 1.93 0.06 1.9932 1.99 0.13 2.13 2.08 0.06 2.1433 2.14 0.14 2.29 2.24 0.06 2.3034 2.31 0.15 2.46 2.41 0.07 2.4835 2.48 0.16 2.65 2.60 0.08 2.6736 2.68 0.17 2.85 2.79 0.08 2.8737 2.88 0.19 3.07 3.01 0.09 3.1038 3.10 0.21 3.31 3.24 0.10 3.3439 3.33 0.22 3.55 3.49 0.10 3.5940 3.59 0.24 3.83 3.75 0.11 3.8641 3.86 0.25 4.12 4.04 0.12 4.1642 4.16 0.27 4.43 4.35 0.13 4.4843 4.48 0.29 4.78 4.68 0.13 4.8144 4.82 0.32 5.14 5.04 0.14 5.1845 5.19 0.34 5.53 5.43 0.15 5.5846 5.59 0.36 5.95 5.84 0.16 6.0147 6.02 0.39 6.40 6.29 0.17 6.4648 6.48 0.42 6.90 6.78 0.18 6.9649 6.98 0.44 7.42 7.30 0.19 7.4950 7.52 0.47 7.99 7.86 0.21 8.0751 8.10 0.50 8.60 8.47 0.22 8.6952 8.72 0.54 9.26 9.11 0.24 9.3553 9.40 0.58 9.98 9.82 0.25 10.0754 10.14 0.61 10.75 10.58 0.27 10.8555 10.92 0.65 11.57 11.40 0.28 11.6856 11.78 0.69 12.47 12.28 0.30 12.5857 12.71 0.74 13.45 13.24 0.32 13.5658 13.71 0.79 14.50 14.27 0.34 14.6159 14.81 0.83 15.64 15.39 0.36 15.74
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 15 Non-Club premium Added Pension transfer out (pension age 60)(continued)MaleFemaleAge lastbirthdayatguaranteedateGrosspensionof £1 ayearPartner'spension of£1 a yearGrosspension +partnerspension of£1 a yearGrosspensionof £1 ayearPartner'spension of£1 a yearGross pension +partners pensionof £1 a year60 15.98 0.88 16.86 16.59 0.38 16.9761 15.68 0.90 16.58 16.31 0.38 16.6962 15.38 0.93 16.31 16.03 0.39 16.4263 15.06 0.95 16.01 15.73 0.39 16.1264 14.73 0.98 15.71 15.42 0.40 15.8265 14.40 1.00 15.40 15.10 0.40 15.5066 14.07 1.02 15.09 14.78 0.41 15.1967 13.74 1.03 14.77 14.45 0.41 14.8668 13.40 1.05 14.45 14.13 0.41 14.5469 13.06 1.06 14.12 13.79 0.41 14.2070 12.72 1.07 13.79 13.45 0.41 13.8671 12.36 1.08 13.44 13.10 0.41 13.5172 11.99 1.10 13.09 12.73 0.41 13.1473 11.61 1.11 12.72 12.34 0.40 12.7474 11.21 1.13 12.34 11.94 0.40 12.3475 10.80 1.14 11.94 11.52 0.40 11.92
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 16 Non-Club premium Added Pension AMC (pension age 60)Age last birthdayYield on index-linked stocks at guarantee dateat guarantee date0% 1% 2% 3%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.31 1.21 1.12 1.0451 1.30 1.21 1.12 1.0452 1.30 1.21 1.12 1.0453 1.30 1.20 1.12 1.0454 1.29 1.20 1.11 1.0455 1.28 1.19 1.11 1.0456 1.27 1.19 1.11 1.0357 1.26 1.18 1.10 1.0358 1.25 1.17 1.10 1.0359 1.24 1.16 1.09 1.0360 1.22 1.15 1.09 1.0361 1.22 1.15 1.09 1.0362 1.22 1.15 1.09 1.0363 1.22 1.15 1.09 1.0364 1.22 1.15 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.0370 1.20 1.14 1.08 1.0371 1.20 1.14 1.08 1.0372 1.20 1.14 1.08 1.0373 1.20 1.13 1.08 1.0374 1.19 1.13 1.08 1.0275 1.19 1.13 1.08 1.02
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 17 Non-Club Added Pension revaluation factors (pension age 60)Number of Factors1 Aprils0 1.001 1.032 1.073 1.114 1.145 1.186 1.227 1.268 1.319 1.3510 1.4011 1.4412 1.4913 1.5414 1.6015 1.6516 1.7117 1.7718 1.8319 1.8920 1.9521 2.0222 2.0923 2.1624 2.2325 2.3126 2.3927 2.4728 2.5529 2.6430 2.7331 2.8232 2.9233 3.0134 3.1235 3.2236 3.3337 3.4538 3.5639 3.6840 3.8141 3.9442 4.0743 4.2144 4.3545 4.5046 4.6647 4.8148 4.9849 5.1550 5.32
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 18 Non-Club final salary transfers out – Male (pension age 60)Age lastbirthday atguaranteedateGrosspensionof £1 ayearDeductionfor NImodificationof £1 a yearLumpsum of £1Partner'spension of£1 a yearDeduction for GMP of £1a yearpre-88 post-8817 and under 2.77 0.91 0.16 0.51 1.18 0.3918 2.88 0.96 0.17 0.53 1.20 0.3919 3.00 1.02 0.18 0.55 1.23 0.4020 3.13 1.08 0.18 0.56 1.25 0.4121 3.26 1.14 0.19 0.58 1.27 0.4222 3.40 1.21 0.20 0.61 1.30 0.4223 3.54 1.28 0.21 0.63 1.32 0.4324 3.68 1.36 0.22 0.65 1.34 0.4425 3.83 1.44 0.23 0.68 1.37 0.4526 3.99 1.52 0.24 0.70 1.39 0.4627 4.16 1.61 0.25 0.73 1.42 0.4628 4.33 1.71 0.26 0.76 1.44 0.4729 4.51 1.81 0.27 0.79 1.47 0.4830 4.69 1.91 0.28 0.83 1.49 0.4931 4.88 2.02 0.29 0.86 1.52 0.5032 5.08 2.14 0.30 0.89 1.55 0.5133 5.29 2.27 0.32 0.93 1.57 0.5134 5.51 2.40 0.33 0.97 1.60 0.5235 5.73 2.54 0.34 1.01 1.63 0.5336 5.97 2.69 0.36 1.05 1.65 0.5437 6.21 2.84 0.37 1.09 1.68 0.5538 6.47 3.01 0.39 1.14 1.71 0.5639 6.73 3.18 0.41 1.18 1.74 0.5740 7.01 3.37 0.42 1.23 1.77 0.5841 7.29 3.56 0.44 1.28 1.80 0.5942 7.59 3.77 0.46 1.32 1.83 0.6043 7.91 3.99 0.48 1.38 1.86 0.6144 8.23 4.23 0.50 1.43 1.89 0.6245 8.57 4.47 0.52 1.48 1.92 0.6346 8.92 4.73 0.54 1.53 1.95 0.6447 9.29 5.01 0.57 1.59 1.98 0.6548 9.68 5.31 0.59 1.65 2.02 0.6649 10.08 5.62 0.62 1.70 2.05 0.6750 10.50 5.95 0.65 1.76 2.08 0.6851 10.94 6.30 0.67 1.82 2.12 0.6952 11.40 6.68 0.70 1.88 2.15 0.7053 11.88 7.07 0.73 1.94 2.19 0.7154 12.39 7.50 0.77 2.00 2.23 0.7255 12.91 7.95 0.80 2.06 2.26 0.7456 13.47 8.42 0.84 2.12 2.30 0.7557 14.05 8.93 0.87 2.18 2.34 0.7658 14.66 9.48 0.91 2.23 2.38 0.7759 15.31 10.06 0.96 2.29 2.42 0.7960 15.98 10.68 1.00 2.35 2.47 0.8061 15.68 11.33 1.00 2.41 2.51 0.8262 15.38 12.04 1.00 2.47 2.56 0.8363 15.06 12.78 1.00 2.54 2.61 0.8564 14.73 13.58 1.00 2.60 2.66 0.8665 14.40 14.43 1.00 2.66 2.71 0.8866 14.07 14.09 1.00 2.71 2.60 0.8467 13.74 13.74 1.00 2.75 2.49 0.8168 13.40 13.39 1.00 2.79 2.39 0.7769 13.06 13.04 1.00 2.82 2.28 0.7370 12.72 12.68 1.00 2.86 2.17 0.7071 12.36 12.31 1.00 2.89 2.07 0.6672 11.99 11.92 1.00 2.93 1.96 0.6373 11.61 11.52 1.00 2.97 1.85 0.5974 11.21 11.10 1.00 3.01 1.75 0.5575 10.80 10.66 1.00 3.05 1.64 0.52
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 19 Non-Club final salary transfers out – Female (pension age 60)Age lastbirthday atguaranteedateGrosspensionof £1 ayearDeductionfor NImodificationof £1 a yearLumpsum of £1Partner'spension of£1 a yearDeduction for GMP of£1 a yearpre-88post-8817 and under 2.89 0.96 0.16 0.24 1.41 0.4918 3.01 1.02 0.17 0.25 1.43 0.5019 3.13 1.08 0.18 0.26 1.46 0.5120 3.26 1.15 0.19 0.27 1.49 0.5221 3.40 1.21 0.19 0.28 1.52 0.5322 3.54 1.29 0.20 0.29 1.55 0.5423 3.69 1.36 0.21 0.30 1.58 0.5524 3.84 1.44 0.22 0.31 1.60 0.5625 4.00 1.53 0.23 0.32 1.63 0.5726 4.16 1.62 0.24 0.34 1.66 0.5827 4.34 1.71 0.25 0.35 1.70 0.5928 4.52 1.81 0.26 0.36 1.73 0.6029 4.70 1.92 0.27 0.38 1.76 0.6130 4.89 2.03 0.28 0.39 1.79 0.6231 5.10 2.15 0.29 0.41 1.82 0.6432 5.31 2.28 0.31 0.42 1.85 0.6533 5.52 2.41 0.32 0.44 1.89 0.6634 5.75 2.55 0.33 0.45 1.92 0.6735 5.99 2.70 0.35 0.47 1.96 0.6836 6.23 2.86 0.36 0.49 1.99 0.6937 6.49 3.02 0.38 0.51 2.02 0.7138 6.76 3.20 0.39 0.52 2.06 0.7239 7.04 3.39 0.41 0.54 2.10 0.7340 7.32 3.59 0.43 0.56 2.13 0.7441 7.63 3.80 0.45 0.58 2.17 0.7642 7.94 4.02 0.46 0.60 2.21 0.7743 8.27 4.25 0.48 0.62 2.25 0.7844 8.61 4.50 0.51 0.64 2.29 0.7945 8.96 4.77 0.53 0.66 2.33 0.8146 9.33 5.05 0.55 0.68 2.37 0.8247 9.72 5.34 0.57 0.71 2.41 0.8448 10.12 5.66 0.60 0.73 2.45 0.8549 10.54 5.99 0.62 0.75 2.50 0.8750 10.98 6.34 0.65 0.77 2.54 0.8851 11.44 6.72 0.68 0.80 2.59 0.9052 11.91 7.11 0.71 0.82 2.63 0.9153 12.41 7.53 0.74 0.84 2.68 0.9354 12.93 7.98 0.77 0.87 2.73 0.9455 13.47 8.45 0.81 0.89 2.78 0.9656 14.04 8.96 0.84 0.91 2.83 0.9857 14.64 9.49 0.88 0.94 2.88 0.9958 15.26 10.06 0.92 0.96 2.94 1.0159 15.91 10.66 0.96 0.98 2.99 1.0360 16.59 11.31 1.00 1.00 3.05 1.0561 16.31 11.99 1.00 1.02 2.95 1.0162 16.03 12.71 1.00 1.03 2.84 0.9863 15.73 13.47 1.00 1.04 2.73 0.9464 15.42 14.29 1.00 1.06 2.62 0.9065 15.10 15.16 1.00 1.08 2.52 0.8666 14.78 14.82 1.00 1.09 2.41 0.8267 14.45 14.49 1.00 1.10 2.30 0.7968 14.13 14.15 1.00 1.10 2.20 0.7569 13.79 13.81 1.00 1.10 2.09 0.7170 13.45 13.45 1.00 1.10 1.99 0.6871 13.10 13.09 1.00 1.09 1.89 0.6472 12.73 12.70 1.00 1.09 1.78 0.6073 12.34 12.30 1.00 1.08 1.68 0.5774 11.94 11.88 1.00 1.07 1.57 0.5375 11.52 11.44 1.00 1.06 1.46 0.49
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 20 Non-Club final salary transfers in – Male (pension age 60)Age lastbirthday atguaranteedateGrosspensionof £1 ayearLumpsum of £1Partner'spension of £1a yearDeduction for GMP of £1 a yearpre-88post-8817 and under 17.86 1.05 2.89 1.18 0.3918 17.61 1.03 2.86 1.20 0.3919 17.29 1.02 2.81 1.23 0.4020 17.01 1.00 2.77 1.25 0.4121 16.75 0.99 2.74 1.27 0.4222 16.45 0.97 2.69 1.30 0.4223 16.23 0.96 2.67 1.32 0.4324 15.97 0.94 2.63 1.34 0.4425 15.62 0.92 2.58 1.37 0.4526 15.25 0.90 2.53 1.39 0.4627 14.81 0.88 2.46 1.42 0.4628 14.37 0.85 2.39 1.44 0.4729 13.97 0.83 2.34 1.47 0.4830 13.61 0.81 2.28 1.49 0.4931 13.29 0.79 2.23 1.52 0.5032 13.03 0.78 2.20 1.55 0.5133 12.89 0.77 2.18 1.57 0.5134 12.77 0.77 2.16 1.60 0.5235 12.62 0.76 2.14 1.63 0.5336 12.49 0.75 2.13 1.65 0.5437 12.39 0.75 2.11 1.68 0.5538 12.36 0.75 2.11 1.71 0.5639 12.40 0.75 2.12 1.74 0.5740 12.43 0.75 2.13 1.77 0.5841 12.44 0.75 2.13 1.80 0.5942 12.46 0.76 2.13 1.83 0.6043 12.53 0.76 2.14 1.86 0.6144 12.66 0.77 2.16 1.89 0.6245 12.79 0.78 2.18 1.92 0.6346 12.92 0.79 2.20 1.95 0.6447 13.06 0.80 2.22 1.98 0.6548 13.20 0.81 2.23 2.02 0.6649 13.37 0.82 2.25 2.05 0.6750 13.55 0.83 2.27 2.08 0.6851 13.73 0.85 2.29 2.12 0.6952 13.91 0.86 2.30 2.15 0.7053 14.10 0.87 2.31 2.19 0.7154 14.33 0.89 2.33 2.23 0.7255 14.56 0.90 2.34 2.26 0.7456 14.80 0.92 2.34 2.30 0.7557 15.06 0.94 2.35 2.34 0.7658 15.35 0.96 2.35 2.38 0.7759 15.66 0.98 2.35 2.42 0.7960 15.98 1.00 2.35 2.47 0.8061 15.68 1.00 2.41 2.51 0.8262 15.38 1.00 2.47 2.56 0.8363 15.06 1.00 2.54 2.61 0.8564 14.73 1.00 2.60 2.66 0.8665 14.40 1.00 2.66 2.71 0.8866 14.07 1.00 2.71 2.60 0.8467 13.74 1.00 2.75 2.49 0.8168 13.40 1.00 2.79 2.39 0.7769 13.06 1.00 2.82 2.28 0.7370 12.72 1.00 2.86 2.17 0.7071 12.36 1.00 2.89 2.07 0.6672 11.99 1.00 2.93 1.96 0.6373 11.61 1.00 2.97 1.85 0.5974 11.21 1.00 3.01 1.75 0.5575 10.80 1.00 3.05 1.64 0.52
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 21 Non-Club final salary transfers in – Female (pension age 60)Age lastbirthday atguaranteedateGrosspensionof £1 ayearLumpsum of £1Partner'spension of £1a yearDeduction for GMP of £1 a yearpre-88post-8817 and under 17.23 0.98 1.28 1.41 0.4918 16.36 0.93 1.22 1.43 0.5019 15.60 0.89 1.16 1.46 0.5120 15.02 0.86 1.12 1.49 0.5221 14.50 0.83 1.09 1.52 0.5322 13.98 0.80 1.05 1.55 0.5423 13.45 0.77 1.01 1.58 0.5524 12.99 0.74 0.98 1.60 0.5625 12.57 0.72 0.95 1.63 0.5726 12.20 0.70 0.92 1.66 0.5827 11.87 0.68 0.90 1.70 0.5928 11.65 0.67 0.88 1.73 0.6029 11.59 0.67 0.88 1.76 0.6130 11.54 0.66 0.88 1.79 0.6231 11.50 0.66 0.87 1.82 0.6432 11.46 0.66 0.87 1.85 0.6533 11.47 0.66 0.87 1.89 0.6634 11.54 0.67 0.87 1.92 0.6735 11.62 0.67 0.88 1.96 0.6836 11.69 0.68 0.88 1.99 0.6937 11.77 0.68 0.89 2.02 0.7138 11.86 0.69 0.89 2.06 0.7239 11.94 0.70 0.90 2.10 0.7340 12.02 0.70 0.90 2.13 0.7441 12.11 0.71 0.91 2.17 0.7642 12.20 0.71 0.91 2.21 0.7743 12.33 0.72 0.91 2.25 0.7844 12.49 0.73 0.92 2.29 0.7945 12.62 0.74 0.93 2.33 0.8146 12.76 0.75 0.93 2.37 0.8247 12.93 0.76 0.94 2.41 0.8448 13.13 0.78 0.95 2.45 0.8549 13.38 0.79 0.96 2.50 0.8750 13.64 0.81 0.97 2.54 0.8851 13.89 0.83 0.97 2.59 0.9052 14.16 0.84 0.98 2.63 0.9153 14.43 0.86 0.99 2.68 0.9354 14.71 0.88 1.00 2.73 0.9455 15.00 0.90 1.00 2.78 0.9656 15.30 0.92 1.01 2.83 0.9857 15.60 0.94 1.01 2.88 0.9958 15.92 0.96 1.01 2.94 1.0159 16.25 0.98 1.01 2.99 1.0360 16.59 1.00 1.00 3.05 1.0561 16.31 1.00 1.02 2.95 1.0162 16.03 1.00 1.03 2.84 0.9863 15.73 1.00 1.04 2.73 0.9464 15.42 1.00 1.06 2.62 0.9065 15.10 1.00 1.08 2.52 0.8666 14.78 1.00 1.09 2.41 0.8267 14.45 1.00 1.10 2.30 0.7968 14.13 1.00 1.10 2.20 0.7569 13.79 1.00 1.10 2.09 0.7170 13.45 1.00 1.10 1.99 0.6871 13.10 1.00 1.09 1.89 0.6472 12.73 1.00 1.09 1.78 0.6073 12.34 1.00 1.08 1.68 0.5774 11.94 1.00 1.07 1.57 0.5375 11.52 1.00 1.06 1.46 0.49
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 22 Non-Club final salary AMC (pension age 60)Age last birthdayYield on index-linked stocks at guarantee dateat guarantee date0% 1% 2% 3%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.31 1.21 1.12 1.0451 1.30 1.21 1.12 1.0452 1.30 1.21 1.12 1.0453 1.30 1.20 1.12 1.0454 1.29 1.20 1.11 1.0455 1.28 1.19 1.11 1.0456 1.27 1.19 1.11 1.0357 1.26 1.18 1.10 1.0358 1.25 1.17 1.10 1.0359 1.24 1.16 1.09 1.0360 1.22 1.15 1.09 1.0361 1.22 1.15 1.09 1.0362 1.22 1.15 1.09 1.0363 1.22 1.15 1.09 1.0364 1.22 1.15 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.0370 1.20 1.14 1.08 1.0371 1.20 1.14 1.08 1.0372 1.20 1.14 1.08 1.0373 1.20 1.13 1.08 1.0374 1.19 1.13 1.08 1.0275 1.19 1.13 1.08 1.02
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 23 Non-Club final salary transfers out – Male (pension age 65)Age lastbirthday atguaranteedateGrosspension of£1 a yearDeductionfor NImodificationof £1 a yearLump sumof £1Partner'spension of£1 a yearDeduction for GMP of £1 ayearpre-88post-8817 & under 2.03 0.91 0.13 0.53 1.18 0.3918 2.12 0.96 0.13 0.55 1.20 0.3919 2.20 1.02 0.14 0.57 1.23 0.4020 2.29 1.08 0.15 0.59 1.25 0.4121 2.39 1.14 0.15 0.61 1.27 0.4222 2.49 1.21 0.16 0.63 1.30 0.4223 2.59 1.28 0.17 0.65 1.32 0.4324 2.70 1.36 0.17 0.68 1.34 0.4425 2.81 1.44 0.18 0.70 1.37 0.4526 2.92 1.52 0.19 0.73 1.39 0.4627 3.04 1.61 0.20 0.76 1.42 0.4628 3.17 1.71 0.20 0.79 1.44 0.4729 3.30 1.81 0.21 0.82 1.47 0.4830 3.43 1.91 0.22 0.85 1.49 0.4931 3.57 2.02 0.23 0.89 1.52 0.5032 3.72 2.14 0.24 0.92 1.55 0.5133 3.87 2.27 0.25 0.96 1.57 0.5134 4.03 2.40 0.26 1.00 1.60 0.5235 4.19 2.54 0.27 1.04 1.63 0.5336 4.36 2.69 0.28 1.08 1.65 0.5437 4.54 2.84 0.30 1.12 1.68 0.5538 4.72 3.01 0.31 1.17 1.71 0.5639 4.91 3.18 0.32 1.21 1.74 0.5740 5.11 3.37 0.34 1.26 1.77 0.5841 5.32 3.56 0.35 1.31 1.80 0.5942 5.54 3.77 0.36 1.36 1.83 0.6043 5.76 3.99 0.38 1.41 1.86 0.6144 6.00 4.23 0.40 1.46 1.89 0.6245 6.24 4.47 0.41 1.52 1.92 0.6346 6.50 4.73 0.43 1.57 1.95 0.6447 6.76 5.01 0.45 1.63 1.98 0.6548 7.04 5.31 0.47 1.68 2.02 0.6649 7.33 5.62 0.49 1.74 2.05 0.6750 7.64 5.95 0.51 1.80 2.08 0.6851 7.95 6.30 0.53 1.86 2.12 0.6952 8.29 6.68 0.56 1.91 2.15 0.7053 8.63 7.07 0.58 1.97 2.19 0.7154 9.00 7.50 0.61 2.03 2.23 0.7255 9.38 7.95 0.63 2.09 2.26 0.7456 9.77 8.42 0.66 2.15 2.30 0.7557 10.19 8.93 0.69 2.21 2.34 0.7658 10.63 9.48 0.72 2.27 2.38 0.7759 11.10 10.06 0.76 2.32 2.42 0.7960 11.58 10.68 0.79 2.38 2.47 0.8061 12.09 11.33 0.83 2.43 2.51 0.8262 12.63 12.04 0.87 2.49 2.56 0.8363 13.19 12.78 0.91 2.55 2.61 0.8564 13.78 13.58 0.95 2.61 2.66 0.8665 14.40 14.43 1.00 2.66 2.71 0.8866 14.07 14.09 1.00 2.71 2.60 0.8467 13.74 13.74 1.00 2.75 2.49 0.8168 13.40 13.39 1.00 2.79 2.39 0.7769 13.06 13.04 1.00 2.82 2.28 0.7370 12.72 12.68 1.00 2.86 2.17 0.7071 12.36 12.31 1.00 2.89 2.07 0.6672 11.99 11.92 1.00 2.93 1.96 0.6373 11.61 11.52 1.00 2.97 1.85 0.5974 11.21 11.10 1.00 3.01 1.75 0.5575 10.80 10.66 1.00 3.05 1.64 0.52
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 24 Non-Club final salary transfers out – Female (pension age 65)Age lastbirthday atguaranteedateGrosspension of£1 a yearDeductionfor NImodificationof £1 a yearLump sumof £1Partner'spension of£1 a yearDeduction for GMP of £1 ayearpre-88post-8817 & under 2.15 0.96 0.13 0.25 1.08 0.3818 2.24 1.02 0.14 0.25 1.10 0.3919 2.33 1.08 0.14 0.26 1.12 0.3920 2.43 1.15 0.15 0.27 1.14 0.4021 2.53 1.21 0.16 0.28 1.17 0.4122 2.64 1.29 0.16 0.29 1.19 0.4223 2.75 1.36 0.17 0.31 1.21 0.4224 2.86 1.44 0.18 0.32 1.23 0.4325 2.98 1.53 0.18 0.33 1.25 0.4426 3.10 1.62 0.19 0.34 1.28 0.4527 3.23 1.71 0.20 0.35 1.30 0.4628 3.36 1.81 0.21 0.37 1.32 0.4629 3.50 1.92 0.22 0.38 1.35 0.4730 3.64 2.03 0.23 0.40 1.37 0.4831 3.79 2.15 0.24 0.41 1.39 0.4932 3.95 2.28 0.25 0.43 1.42 0.5033 4.11 2.41 0.26 0.44 1.44 0.5134 4.28 2.55 0.27 0.46 1.47 0.5135 4.45 2.70 0.28 0.47 1.49 0.5236 4.63 2.86 0.29 0.49 1.52 0.5337 4.82 3.02 0.30 0.51 1.55 0.5438 5.02 3.20 0.31 0.53 1.57 0.5539 5.22 3.39 0.33 0.55 1.60 0.5640 5.44 3.59 0.34 0.56 1.63 0.5741 5.66 3.80 0.36 0.58 1.65 0.5842 5.89 4.02 0.37 0.60 1.68 0.5943 6.13 4.25 0.39 0.62 1.71 0.6044 6.38 4.50 0.40 0.64 1.74 0.6145 6.64 4.77 0.42 0.66 1.77 0.6246 6.92 5.05 0.44 0.68 1.80 0.6347 7.20 5.34 0.46 0.71 1.83 0.6448 7.50 5.66 0.48 0.73 1.86 0.6549 7.81 5.99 0.50 0.75 1.89 0.6650 8.13 6.34 0.52 0.77 1.93 0.6751 8.46 6.72 0.54 0.79 1.96 0.6852 8.81 7.11 0.57 0.81 1.99 0.6953 9.18 7.53 0.59 0.84 2.03 0.7054 9.56 7.98 0.62 0.86 2.07 0.7155 9.96 8.45 0.64 0.88 2.10 0.7356 10.38 8.96 0.67 0.90 2.14 0.7457 10.82 9.49 0.70 0.92 2.18 0.7558 11.27 10.06 0.73 0.94 2.22 0.7659 11.75 10.66 0.77 0.96 2.26 0.7860 12.25 11.31 0.80 0.98 2.30 0.7961 12.77 11.99 0.84 1.00 2.34 0.8062 13.31 12.71 0.87 1.02 2.38 0.8263 13.88 13.47 0.91 1.04 2.43 0.8364 14.48 14.29 0.96 1.06 2.47 0.8565 15.10 15.16 1.00 1.08 2.52 0.8666 14.78 14.82 1.00 1.09 2.41 0.8267 14.45 14.49 1.00 1.10 2.30 0.7968 14.13 14.15 1.00 1.10 2.20 0.7569 13.79 13.81 1.00 1.10 2.09 0.7170 13.45 13.45 1.00 1.10 1.99 0.6871 13.10 13.09 1.00 1.09 1.89 0.6472 12.73 12.70 1.00 1.09 1.78 0.6073 12.34 12.30 1.00 1.08 1.68 0.5774 11.94 11.88 1.00 1.07 1.57 0.5375 11.52 11.44 1.00 1.06 1.46 0.49
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 25 Non-Club final salary transfers in – Male (pension age 65)Age lastbirthday atguaranteedateGross pensionof £1 a yearLump sum of £1Partner's pension of£1 a yearDeduction for GMP of £1 ayearpre-88post-8817 & under 14.89 0.94 3.25 1.18 0.3918 14.67 0.93 3.21 1.20 0.3919 14.41 0.91 3.16 1.23 0.4020 14.18 0.90 3.11 1.25 0.4121 13.96 0.88 3.07 1.27 0.4222 13.70 0.87 3.02 1.30 0.4223 13.52 0.86 2.99 1.32 0.4324 13.30 0.85 2.95 1.34 0.4425 13.01 0.83 2.89 1.37 0.4526 12.69 0.81 2.83 1.39 0.4627 12.32 0.79 2.75 1.42 0.4628 11.95 0.76 2.68 1.44 0.4729 11.62 0.74 2.61 1.47 0.4830 11.32 0.73 2.55 1.49 0.4931 11.05 0.71 2.50 1.52 0.5032 10.83 0.70 2.45 1.55 0.5133 10.71 0.69 2.43 1.57 0.5134 10.60 0.68 2.41 1.60 0.5235 10.47 0.68 2.39 1.63 0.5336 10.36 0.67 2.37 1.65 0.5437 10.28 0.67 2.35 1.68 0.5538 10.25 0.67 2.35 1.71 0.5639 10.27 0.67 2.36 1.74 0.5740 10.29 0.67 2.37 1.77 0.5841 10.30 0.67 2.37 1.80 0.5942 10.30 0.68 2.37 1.83 0.6043 10.36 0.68 2.38 1.86 0.6144 10.46 0.69 2.41 1.89 0.6245 10.56 0.70 2.43 1.92 0.6346 10.66 0.71 2.45 1.95 0.6447 10.77 0.72 2.47 1.98 0.6548 10.87 0.72 2.49 2.02 0.6649 11.01 0.73 2.51 2.05 0.6750 11.14 0.75 2.53 2.08 0.6851 11.28 0.76 2.55 2.12 0.6952 11.43 0.77 2.56 2.15 0.7053 11.57 0.78 2.58 2.19 0.7154 11.74 0.79 2.60 2.23 0.7255 11.92 0.81 2.61 2.26 0.7456 12.11 0.82 2.62 2.30 0.7557 12.30 0.84 2.63 2.34 0.7658 12.52 0.85 2.64 2.38 0.7759 12.75 0.87 2.65 2.42 0.7960 12.99 0.89 2.65 2.47 0.8061 13.25 0.91 2.65 2.51 0.8262 13.52 0.93 2.66 2.56 0.8363 13.82 0.95 2.67 2.61 0.8564 14.11 0.98 2.67 2.66 0.8665 14.40 1.00 2.66 2.71 0.8866 14.07 1.00 2.71 2.60 0.8467 13.74 1.00 2.75 2.49 0.8168 13.40 1.00 2.79 2.39 0.7769 13.06 1.00 2.82 2.28 0.7370 12.72 1.00 2.86 2.17 0.7071 12.36 1.00 2.89 2.07 0.6672 11.99 1.00 2.93 1.96 0.6373 11.61 1.00 2.97 1.85 0.5974 11.21 1.00 3.01 1.75 0.5575 10.80 1.00 3.05 1.64 0.52
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 26 Non-Club final salary transfers in – Female (pension age 65)Age lastbirthday atguaranteedateGross pensionof £1 a yearLump sum of £1Partner's pension of£1 a yearDeduction for GMP of £1 ayearpre-88post-8817 & under 14.51 0.88 1.40 1.08 0.3818 13.77 0.84 1.33 1.10 0.3919 13.14 0.80 1.27 1.12 0.3920 12.64 0.77 1.22 1.14 0.4021 12.21 0.74 1.18 1.17 0.4122 11.76 0.72 1.14 1.19 0.4223 11.32 0.69 1.10 1.21 0.4224 10.93 0.67 1.06 1.23 0.4325 10.58 0.65 1.03 1.25 0.4426 10.26 0.63 1.00 1.28 0.4527 9.98 0.61 0.98 1.30 0.4628 9.79 0.60 0.96 1.32 0.4629 9.74 0.60 0.95 1.35 0.4730 9.70 0.60 0.95 1.37 0.4831 9.66 0.59 0.95 1.39 0.4932 9.62 0.59 0.94 1.42 0.5033 9.62 0.59 0.94 1.44 0.5134 9.68 0.60 0.95 1.47 0.5135 9.74 0.60 0.95 1.49 0.5236 9.80 0.61 0.96 1.52 0.5337 9.86 0.61 0.96 1.55 0.5438 9.92 0.62 0.97 1.57 0.5539 9.99 0.62 0.97 1.60 0.5640 10.05 0.63 0.97 1.63 0.5741 10.12 0.63 0.98 1.65 0.5842 10.19 0.64 0.98 1.68 0.5943 10.29 0.65 0.99 1.71 0.6044 10.42 0.66 0.99 1.74 0.6145 10.52 0.67 1.00 1.77 0.6246 10.63 0.67 1.00 1.80 0.6347 10.76 0.68 1.01 1.83 0.6448 10.93 0.70 1.02 1.86 0.6549 11.13 0.71 1.03 1.89 0.6650 11.33 0.72 1.04 1.93 0.6751 11.54 0.74 1.05 1.96 0.6852 11.75 0.75 1.06 1.99 0.6953 11.96 0.77 1.07 2.03 0.7054 12.18 0.79 1.07 2.07 0.7155 12.41 0.80 1.08 2.10 0.7356 12.64 0.82 1.08 2.14 0.7457 12.88 0.84 1.08 2.18 0.7558 13.12 0.85 1.08 2.22 0.7659 13.37 0.87 1.08 2.26 0.7860 13.63 0.89 1.08 2.30 0.7961 13.91 0.91 1.08 2.34 0.8062 14.20 0.93 1.08 2.38 0.8263 14.49 0.95 1.08 2.43 0.8364 14.79 0.98 1.08 2.47 0.8565 15.10 1.00 1.08 2.52 0.8666 14.78 1.00 1.09 2.41 0.8267 14.45 1.00 1.10 2.30 0.7968 14.13 1.00 1.10 2.20 0.7569 13.79 1.00 1.10 2.09 0.7170 13.45 1.00 1.10 1.99 0.6871 13.10 1.00 1.09 1.89 0.6472 12.73 1.00 1.09 1.78 0.6073 12.34 1.00 1.08 1.68 0.5774 11.94 1.00 1.07 1.57 0.5375 11.52 1.00 1.06 1.46 0.49
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 27 Non-Club final salary AMC (pension age 65)Age last birthdayYield on index-linked stocks at guarantee dateat guarantee date0% 1% 2% 3%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.31 1.21 1.12 1.0451 1.31 1.21 1.12 1.0452 1.31 1.21 1.12 1.0453 1.31 1.21 1.12 1.0454 1.31 1.21 1.12 1.0455 1.31 1.21 1.12 1.0456 1.30 1.21 1.12 1.0457 1.30 1.21 1.12 1.0458 1.29 1.20 1.12 1.0459 1.29 1.20 1.11 1.0460 1.28 1.19 1.11 1.0461 1.27 1.18 1.11 1.0362 1.26 1.18 1.10 1.0363 1.25 1.17 1.10 1.0364 1.23 1.16 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.0370 1.20 1.14 1.08 1.0371 1.20 1.14 1.08 1.0372 1.20 1.14 1.08 1.0373 1.20 1.13 1.08 1.0374 1.19 1.13 1.08 1.0275 1.19 1.13 1.08 1.02
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 28Non-Club nuvos transfers outMaleFemaleAgeMember'spensionfactorPartner'spensionfactorPre 88GMPonset/offsetfactorPost 88GMPonset/offsetfactorMember'spensionfactorPartner'spensionfactorPre 88 GMPonset/offsetfactorPost 88GMPonset/offsetfactor17 0.42 0.11 1.18 0.39 0.44 0.05 1.08 0.3818 0.45 0.11 1.20 0.39 0.48 0.05 1.10 0.3919 0.49 0.12 1.23 0.40 0.51 0.06 1.12 0.3920 0.53 0.13 1.25 0.41 0.55 0.06 1.14 0.4021 0.57 0.14 1.27 0.42 0.59 0.06 1.17 0.4122 0.61 0.15 1.30 0.42 0.64 0.07 1.19 0.4223 0.66 0.16 1.32 0.43 0.69 0.08 1.21 0.4224 0.71 0.17 1.34 0.44 0.74 0.08 1.23 0.4325 0.76 0.18 1.37 0.45 0.80 0.09 1.25 0.4426 0.82 0.20 1.39 0.46 0.86 0.09 1.28 0.4527 0.88 0.21 1.42 0.46 0.92 0.10 1.30 0.4628 0.95 0.23 1.44 0.47 1.00 0.11 1.32 0.4629 1.02 0.25 1.47 0.48 1.07 0.11 1.35 0.4730 1.10 0.26 1.49 0.49 1.15 0.12 1.37 0.4831 1.18 0.29 1.52 0.50 1.24 0.13 1.39 0.4932 1.27 0.31 1.55 0.51 1.33 0.14 1.42 0.5033 1.37 0.33 1.57 0.51 1.44 0.15 1.44 0.5134 1.47 0.35 1.60 0.52 1.55 0.16 1.47 0.5135 1.58 0.38 1.63 0.53 1.66 0.17 1.49 0.5236 1.70 0.41 1.65 0.54 1.79 0.19 1.52 0.5337 1.83 0.44 1.68 0.55 1.93 0.20 1.55 0.5438 1.97 0.47 1.71 0.56 2.07 0.21 1.57 0.5539 2.12 0.51 1.74 0.57 2.23 0.23 1.60 0.5640 2.28 0.55 1.77 0.58 2.40 0.24 1.63 0.5741 2.45 0.59 1.80 0.59 2.58 0.26 1.65 0.5842 2.63 0.63 1.83 0.60 2.78 0.28 1.68 0.5943 2.83 0.68 1.86 0.61 2.99 0.30 1.71 0.6044 3.05 0.72 1.89 0.62 3.21 0.32 1.74 0.6145 3.28 0.78 1.92 0.63 3.46 0.34 1.77 0.6246 3.53 0.83 1.95 0.64 3.72 0.36 1.80 0.6347 3.79 0.89 1.98 0.65 4.00 0.39 1.83 0.6448 4.08 0.95 2.02 0.66 4.30 0.41 1.86 0.6549 4.39 1.02 2.05 0.67 4.63 0.44 1.89 0.6650 4.72 1.09 2.08 0.68 4.99 0.47 1.93 0.6751 5.08 1.16 2.12 0.69 5.37 0.49 1.96 0.6852 5.47 1.24 2.15 0.70 5.78 0.52 1.99 0.6953 5.89 1.32 2.19 0.71 6.22 0.56 2.03 0.7054 6.34 1.41 2.23 0.72 6.69 0.60 2.07 0.7155 6.82 1.50 2.26 0.74 7.20 0.63 2.10 0.7356 7.35 1.59 2.30 0.75 7.76 0.67 2.14 0.7457 7.91 1.69 2.34 0.76 8.35 0.70 2.18 0.7558 8.52 1.80 2.38 0.77 8.99 0.74 2.22 0.7659 9.18 1.90 2.42 0.79 9.68 0.79 2.26 0.7860 9.90 2.01 2.47 0.80 10.42 0.83 2.30 0.7961 10.66 2.13 2.51 0.82 11.22 0.87 2.34 0.8062 11.50 2.25 2.56 0.83 12.08 0.92 2.38 0.8263 12.39 2.39 2.61 0.85 13.02 0.97 2.43 0.8364 13.36 2.52 2.66 0.86 14.01 1.03 2.47 0.8565 14.40 2.66 2.71 0.88 15.10 1.08 2.52 0.8666 14.07 2.71 2.60 0.84 14.78 1.09 2.41 0.8267 13.74 2.75 2.49 0.81 14.45 1.10 2.30 0.7968 13.40 2.79 2.39 0.77 14.13 1.10 2.20 0.7569 13.06 2.82 2.28 0.73 13.79 1.10 2.09 0.7170 12.72 2.86 2.17 0.70 13.45 1.10 1.99 0.6871 12.36 2.89 2.07 0.66 13.10 1.09 1.89 0.6472 11.99 2.93 1.96 0.63 12.73 1.09 1.78 0.6073 11.61 2.97 1.85 0.59 12.34 1.08 1.68 0.5774 11.21 3.01 1.75 0.55 11.94 1.07 1.57 0.5375 10.80 3.05 1.64 0.52 11.52 1.06 1.46 0.49
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 29Non-Club nuvos transfers inMaleFemaleAgeMember'spensionfactorPartner'spensionfactorPre 88GMPonset/offsetfactorPost 88GMPonset/offsetfactorMember'spensionfactorPartner'spensionfactorPre 88 GMPonset/offsetfactorPost 88GMPonset/offsetfactor17 0.43 0.04 1.18 0.39 0.47 0.02 1.08 0.3818 0.47 0.04 1.20 0.39 0.50 0.02 1.10 0.3919 0.50 0.05 1.23 0.40 0.54 0.02 1.12 0.3920 0.54 0.05 1.25 0.41 0.58 0.02 1.14 0.4021 0.58 0.06 1.27 0.42 0.62 0.03 1.17 0.4122 0.63 0.06 1.30 0.42 0.67 0.03 1.19 0.4223 0.68 0.06 1.32 0.43 0.72 0.03 1.21 0.4224 0.73 0.07 1.34 0.44 0.78 0.03 1.23 0.4325 0.78 0.07 1.37 0.45 0.84 0.03 1.25 0.4426 0.84 0.08 1.39 0.46 0.90 0.04 1.28 0.4527 0.90 0.08 1.42 0.46 0.97 0.04 1.30 0.4628 0.97 0.09 1.44 0.47 1.04 0.04 1.32 0.4629 1.04 0.10 1.47 0.48 1.12 0.05 1.35 0.4730 1.12 0.10 1.49 0.49 1.20 0.05 1.37 0.4831 1.21 0.11 1.52 0.50 1.29 0.05 1.39 0.4932 1.30 0.12 1.55 0.51 1.39 0.06 1.42 0.5033 1.40 0.13 1.57 0.51 1.49 0.06 1.44 0.5134 1.50 0.14 1.60 0.52 1.60 0.06 1.47 0.5135 1.61 0.15 1.63 0.53 1.72 0.07 1.49 0.5236 1.73 0.16 1.65 0.54 1.85 0.07 1.52 0.5337 1.86 0.17 1.68 0.55 1.98 0.08 1.55 0.5438 2.00 0.18 1.71 0.56 2.13 0.09 1.57 0.5539 2.15 0.20 1.74 0.57 2.29 0.09 1.60 0.5640 2.31 0.21 1.77 0.58 2.46 0.10 1.63 0.5741 2.48 0.23 1.80 0.59 2.64 0.10 1.65 0.5842 2.66 0.25 1.83 0.60 2.84 0.11 1.68 0.5943 2.86 0.26 1.86 0.61 3.05 0.12 1.71 0.6044 3.07 0.28 1.89 0.62 3.27 0.12 1.74 0.6145 3.30 0.30 1.92 0.63 3.51 0.13 1.77 0.6246 3.54 0.32 1.95 0.64 3.78 0.14 1.80 0.6347 3.81 0.35 1.98 0.65 4.05 0.15 1.83 0.6448 4.09 0.37 2.02 0.66 4.36 0.16 1.86 0.6549 4.40 0.39 2.05 0.67 4.68 0.17 1.89 0.6650 4.72 0.42 2.08 0.68 5.03 0.18 1.93 0.6751 5.08 0.44 2.12 0.69 5.40 0.19 1.96 0.6852 5.46 0.47 2.15 0.70 5.81 0.20 1.99 0.6953 5.86 0.50 2.19 0.71 6.24 0.21 2.03 0.7054 6.31 0.53 2.23 0.72 6.71 0.23 2.07 0.7155 6.79 0.57 2.26 0.74 7.21 0.24 2.10 0.7356 7.30 0.61 2.30 0.75 7.75 0.25 2.14 0.7457 7.84 0.64 2.34 0.76 8.33 0.27 2.18 0.7558 8.44 0.67 2.38 0.77 8.96 0.28 2.22 0.7659 9.10 0.71 2.42 0.79 9.63 0.29 2.26 0.7860 9.80 0.75 2.47 0.80 10.36 0.31 2.30 0.7961 10.58 0.80 2.51 0.82 11.17 0.32 2.34 0.8062 11.42 0.84 2.56 0.83 12.04 0.34 2.38 0.8263 12.34 0.90 2.61 0.85 12.98 0.36 2.43 0.8364 13.33 0.95 2.66 0.86 14.00 0.39 2.47 0.8565 14.40 1.00 2.71 0.88 15.10 0.40 2.52 0.8666 14.07 1.02 2.60 0.84 14.78 0.41 2.41 0.8267 13.74 1.03 2.49 0.81 14.45 0.41 2.30 0.7968 13.40 1.05 2.39 0.77 14.13 0.41 2.20 0.7569 13.06 1.06 2.28 0.73 13.79 0.41 2.09 0.7170 12.72 1.07 2.17 0.70 13.45 0.41 1.99 0.6871 12.36 1.08 2.07 0.66 13.10 0.41 1.89 0.6472 11.99 1.10 1.96 0.63 12.73 0.41 1.78 0.6073 11.61 1.11 1.85 0.59 12.34 0.40 1.68 0.5774 11.21 1.13 1.75 0.55 11.94 0.40 1.57 0.5375 10.80 1.14 1.64 0.52 11.52 0.40 1.46 0.49
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 30Non-Club nuvos revaluation factorsNumber of 1Aprils Factors0 1.001 1.032 1.073 1.114 1.145 1.186 1.227 1.268 1.319 1.3510 1.4011 1.4412 1.4913 1.5414 1.6015 1.6516 1.7117 1.7718 1.8319 1.8920 1.9521 2.0222 2.0923 2.1624 2.2325 2.3126 2.3927 2.4728 2.5529 2.6430 2.7331 2.8232 2.9233 3.0134 3.1235 3.2236 3.3337 3.4538 3.5639 3.6840 3.8141 3.9442 4.0743 4.2144 4.3545 4.5046 4.6647 4.8148 4.9849 5.1550 5.32
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 31Non-Club nuvos AMCYieldAge0.0% 1.0% 2.0% 3.0%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.31 1.21 1.12 1.0451 1.31 1.21 1.12 1.0452 1.31 1.21 1.12 1.0453 1.31 1.21 1.12 1.0454 1.31 1.21 1.12 1.0455 1.31 1.21 1.12 1.0456 1.30 1.21 1.12 1.0457 1.30 1.21 1.12 1.0458 1.29 1.20 1.12 1.0459 1.29 1.20 1.11 1.0460 1.28 1.19 1.11 1.0461 1.27 1.18 1.11 1.0362 1.26 1.18 1.10 1.0363 1.25 1.17 1.10 1.0364 1.23 1.16 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.0370 1.20 1.14 1.08 1.0371 1.20 1.14 1.08 1.0372 1.20 1.14 1.08 1.0373 1.20 1.13 1.08 1.0374 1.19 1.13 1.08 1.0275 1.19 1.13 1.08 1.02
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 32GMP Deduction factors (transfer out where the GMP preserved in <strong>PC</strong>SPS)Member's age lastGMP rights factor per £1 of GMPbirthday at relevantMalesFemales(guarantee) date pre-88 post-88 pre-88 post-8816 5.09 5.87 5.77 6.9417 5.19 5.99 5.89 7.0718 5.30 6.10 6.00 7.2119 5.40 6.22 6.12 7.3620 5.50 6.34 6.24 7.5021 5.61 6.46 6.36 7.6522 5.72 6.59 6.49 7.8023 5.83 6.71 6.62 7.9524 5.94 6.84 6.75 8.1025 6.05 6.97 6.88 8.2626 6.17 7.11 7.01 8.4227 6.29 7.24 7.15 8.5828 6.41 7.38 7.29 8.7529 6.53 7.52 7.43 8.9230 6.66 7.66 7.57 9.0931 6.78 7.80 7.72 9.2632 6.91 7.95 7.87 9.4433 7.04 8.10 8.02 9.6234 7.17 8.25 8.18 9.8035 7.31 8.41 8.34 9.9936 7.45 8.56 8.50 10.1837 7.59 8.72 8.66 10.3838 7.73 8.88 8.83 10.5739 7.88 9.05 9.00 10.7840 8.03 9.22 9.18 10.9841 8.18 9.39 9.35 11.1942 8.33 9.56 9.54 11.4043 8.49 9.74 9.72 11.6244 8.65 9.92 9.91 11.8445 8.81 10.10 10.11 12.0746 8.98 10.29 10.30 12.3047 9.15 10.48 10.51 12.5448 9.32 10.68 10.71 12.7849 9.50 10.88 10.92 13.0250 9.68 11.08 11.14 13.2851 9.86 11.29 11.36 13.5352 10.05 11.50 11.59 13.7953 10.25 11.72 11.82 14.0654 10.44 11.94 12.06 14.3455 10.65 12.17 12.30 14.6256 10.85 12.41 12.55 14.9157 11.07 12.65 12.81 15.2058 11.29 12.90 13.08 15.5159 11.52 13.15 13.35 15.8260 11.75 13.42 13.63 16.1361 12.00 13.69 - -62 12.25 13.98 - -63 12.51 14.27 - -64 12.78 14.57 - -65 13.06 14.89 - -Note 1. <strong>The</strong> factors assume that the benefits payable are the accrued GMP without anyadjustment for sex equality. That they are payable from 60 for females and 65 for males and thatthey carry statutory GMP increases (i.e. nil on pre-1988 accrued benefits and up to 3% on post-1988 benefits).
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Club Transfer Value factors from 1 October 2010Annex 5Table 33 Club transfers – Male (pension age 60)Age lastbirthday atrelevant dateGrossPension of £1per annumLump Sumof £1SurvivingPartner'sPension of £1paDeduction forGMP of £1 paDeduction forNIModificationof £1 pa16 2.73 0.16 0.42 0.96 1.9817 2.84 0.17 0.43 0.98 2.0618 2.96 0.18 0.45 1.00 2.1519 3.09 0.19 0.47 1.02 2.2420 3.22 0.20 0.49 1.04 2.3321 3.35 0.21 0.52 1.06 2.4322 3.49 0.21 0.54 1.08 2.5323 3.63 0.22 0.56 1.10 2.6324 3.78 0.23 0.59 1.13 2.7425 3.94 0.24 0.62 1.15 2.8526 4.10 0.25 0.65 1.17 2.9727 4.27 0.26 0.68 1.19 3.0928 4.45 0.27 0.71 1.22 3.2229 4.63 0.29 0.74 1.24 3.3630 4.82 0.30 0.77 1.26 3.4931 5.02 0.31 0.80 1.29 3.6432 5.23 0.32 0.84 1.31 3.7933 5.45 0.34 0.87 1.34 3.9534 5.67 0.35 0.91 1.37 4.1135 5.91 0.37 0.95 1.39 4.2836 6.15 0.38 0.99 1.42 4.4637 6.41 0.40 1.03 1.45 4.6438 6.68 0.41 1.07 1.48 4.8439 6.95 0.43 1.11 1.51 5.0440 7.24 0.45 1.16 1.54 5.2541 7.54 0.47 1.20 1.57 5.4642 7.86 0.49 1.25 1.60 5.6943 8.18 0.51 1.30 1.63 5.9344 8.52 0.53 1.35 1.66 6.1845 8.88 0.55 1.40 1.69 6.4346 9.25 0.57 1.45 1.73 6.7047 9.63 0.60 1.51 1.76 6.9848 10.04 0.62 1.56 1.80 7.2749 10.46 0.65 1.62 1.83 7.5850 10.90 0.68 1.68 1.87 7.8951 11.36 0.70 1.73 1.91 8.2352 11.84 0.73 1.79 1.95 8.5753 12.34 0.76 1.85 1.99 8.9454 12.86 0.80 1.91 2.03 9.3255 13.41 0.83 1.97 2.07 9.7256 13.99 0.86 2.03 2.11 10.1457 14.59 0.9 2.09 2.16 10.5758 15.22 0.94 2.15 2.21 11.0359 15.90 0.98 2.21 2.25 11.51Notes:1. When calculating the deduction for GMP, the factor given should be applied to the sum of the GMPamount in respect of service up to 5 April 1988 and 30% of the GMP amount in respect of service afterthat date
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 33Club transfers – Male (pension age 60) (continued)Age lastbirthday atrelevant dateMember'sPension of £1paSurvivingPartner'sPension of£1 paDeduction forNIModificationof £1 paLump Sum of£1Deduction forGMP of £1 pa60 15.97 1.00 2.26 2.31 12.0361 15.68 1.00 2.31 2.36 12.5862 15.39 1.00 2.35 2.42 13.1663 15.09 1.00 2.39 2.48 13.7864 14.78 1.00 2.43 2.59 14.44Notes:1. When calculating the deduction for GMP, the factor given should be applied to the sum of the GMPamount in respect of service up to 5 April 1988 and 30% of the GMP amount in respect of serviceafter that date
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 34 Club transfers – Female (pension age 60)Age lastbirthday atrelevant dateGrossPension of £1per annumLump Sumof £1SurvivingPartner'sPension of £1paDeduction forGMP of £1 paDeduction forNIModificationof £1 pa16 2.83 0.16 0.20 0.83 2.0817 2.95 0.17 0.21 0.85 2.1718 3.08 0.18 0.22 0.87 2.2619 3.21 0.19 0.23 0.89 2.3620 3.35 0.20 0.24 0.91 2.4521 3.48 0.20 0.25 0.92 2.5622 3.63 0.21 0.26 0.94 2.6623 3.78 0.22 0.27 0.96 2.7724 3.93 0.23 0.28 0.98 2.8925 4.10 0.24 0.29 1.00 3.0126 4.27 0.25 0.31 1.01 3.1327 4.44 0.26 0.32 1.03 3.2628 4.63 0.27 0.33 1.05 3.3929 4.82 0.28 0.35 1.07 3.5330 5.02 0.30 0.36 1.09 3.6831 5.22 0.31 0.37 1.11 3.8332 5.44 0.32 0.39 1.13 3.9933 5.67 0.34 0.40 1.16 4.1634 5.90 0.35 0.42 1.18 4.3335 6.15 0.36 0.43 1.20 4.5136 6.40 0.38 0.45 1.22 4.7037 6.67 0.40 0.46 1.25 4.8938 6.95 0.41 0.48 1.27 5.1039 7.23 0.43 0.49 1.29 5.3140 7.54 0.45 0.51 1.32 5.5341 7.85 0.47 0.52 1.34 5.7642 8.17 0.49 0.54 1.37 6.0043 8.51 0.51 0.56 1.40 6.2544 8.87 0.53 0.58 1.42 6.5045 9.24 0.55 0.60 1.45 6.7846 9.62 0.57 0.61 1.48 7.0647 10.02 0.60 0.63 1.51 7.3548 10.44 0.62 0.65 1.54 7.6649 10.88 0.65 0.67 1.56 7.9850 11.33 0.68 0.68 1.60 8.3151 11.81 0.70 0.70 1.63 8.6652 12.31 0.73 0.71 1.66 9.0353 12.83 0.76 0.73 1.69 9.4154 13.37 0.80 0.74 1.73 9.8155 13.94 0.83 0.75 1.76 10.2356 14.53 0.86 0.77 1.80 10.6657 15.16 0.90 0.78 1.83 11.1258 15.81 0.94 0.79 1.87 11.6059 16.50 0.98 0.80 1.95 12.10Notes:1. When calculating the deduction for GMP, the factor given should be applied to the sum of the GMPamount in respect of service up to 5 April 1988 and 30% of the GMP amount in respect of service afterthat date
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 34Club transfers – Female (pension age 60) (continued)Age lastbirthday atrelevant dateMember'sPension of£1 paSurvivingPartner'sPension of£1 paDeductionfor GMP of£1 paDeduction forNIModificationof £1 paLump Sumof £160 16.60 1.00 0.81 2.05 12.6361 16.32 1.00 0.81 2.14 13.2062 16.04 1.00 0.82 2.24 13.7963 15.75 1.00 0.82 2.34 14.4264 15.45 1.00 0.82 2.44 15.08Notes:1. When calculating the deduction for GMP, the factor given should be applied to the sum of theGMP amount in respect of service up to 5 April 1988 and 30% of the GMP amount in respect ofservice after that date
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 35 Club transfers – Male (pension age 65)Age lastbirthday atrelevant dateGrossPension of £1per annumLump Sumof £1SurvivingPartner'sPension of £1paDeduction forGMP of £1 paDeduction forNIModificationof £1 pa16 1.98 0.14 0.42 0.96 1.9817 2.06 0.14 0.43 0.98 2.0618 2.15 0.15 0.45 1.00 2.1519 2.24 0.16 0.47 1.02 2.2420 2.33 0.16 0.49 1.04 2.3321 2.43 0.17 0.52 1.06 2.4322 2.53 0.18 0.54 1.08 2.5323 2.63 0.18 0.56 1.10 2.6324 2.74 0.19 0.59 1.13 2.7425 2.85 0.20 0.62 1.15 2.8526 2.97 0.21 0.65 1.17 2.9727 3.09 0.22 0.68 1.19 3.0928 3.22 0.22 0.71 1.22 3.2229 3.36 0.23 0.74 1.24 3.3630 3.49 0.24 0.77 1.26 3.4931 3.64 0.25 0.80 1.29 3.6432 3.79 0.26 0.84 1.31 3.7933 3.95 0.28 0.87 1.34 3.9534 4.11 0.29 0.91 1.37 4.1135 4.28 0.30 0.95 1.39 4.2836 4.46 0.31 0.99 1.42 4.4637 4.64 0.32 1.03 1.45 4.6438 4.84 0.34 1.07 1.48 4.8439 5.04 0.35 1.11 1.51 5.0440 5.25 0.37 1.16 1.54 5.2541 5.46 0.38 1.20 1.57 5.4642 5.69 0.40 1.25 1.60 5.6943 5.93 0.41 1.30 1.63 5.9344 6.18 0.43 1.35 1.66 6.1845 6.43 0.45 1.40 1.69 6.4346 6.70 0.47 1.45 1.73 6.7047 6.98 0.49 1.51 1.76 6.9848 7.27 0.51 1.56 1.80 7.2749 7.58 0.53 1.62 1.83 7.5850 7.89 0.55 1.68 1.87 7.8951 8.23 0.57 1.73 1.91 8.2352 8.57 0.60 1.79 1.95 8.5753 8.94 0.62 1.85 1.99 8.9454 9.32 0.65 1.91 2.03 9.3255 9.72 0.67 1.97 2.07 9.7256 10.14 0.70 2.03 2.11 10.1457 10.57 0.73 2.09 2.16 10.5758 11.03 0.76 2.15 2.21 11.0359 11.51 0.79 2.21 2.25 11.5160 12.03 0.83 2.26 2.31 12.0361 12.58 0.86 2.31 2.36 12.5862 13.16 0.90 2.35 2.42 13.1663 13.78 0.94 2.39 2.48 13.7864 14.44 0.98 2.43 2.59 14.44Notes:1. When calculating the deduction for GMP, the factor given should be applied to the sum of the GMPamount in respect of service up to 5 April 1988 and 30% of the GMP amount in respect of service afterthat date
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 36 Club transfers – Female (pension age 65)Age lastbirthday atrelevant dateGrossPension of £1per annumLump Sumof £1SurvivingPartner'sPension of £1paDeduction forGMP of £1 paDeduction forNIModificationof £1 pa16 2.08 0.13 0.20 -1.04 2.0817 2.17 0.14 0.21 -1.06 2.1718 2.26 0.15 0.22 -1.08 2.2619 2.36 0.15 0.23 -1.11 2.3620 2.45 0.16 0.24 -1.13 2.4521 2.56 0.17 0.25 -1.15 2.5622 2.66 0.17 0.26 -1.17 2.6623 2.77 0.18 0.27 -1.19 2.7724 2.89 0.19 0.28 -1.22 2.8925 3.01 0.20 0.29 -1.24 3.0126 3.13 0.21 0.31 -1.26 3.1327 3.26 0.21 0.32 -1.29 3.2628 3.39 0.22 0.33 -1.31 3.3929 3.53 0.23 0.35 -1.34 3.5330 3.68 0.24 0.36 -1.36 3.6831 3.83 0.25 0.37 -1.39 3.8332 3.99 0.26 0.39 -1.41 3.9933 4.16 0.27 0.40 -1.44 4.1634 4.33 0.29 0.42 -1.47 4.3335 4.51 0.30 0.43 -1.49 4.5136 4.70 0.31 0.45 -1.52 4.7037 4.89 0.32 0.46 -1.55 4.8938 5.10 0.34 0.48 -1.58 5.1039 5.31 0.35 0.49 -1.61 5.3140 5.53 0.36 0.51 -1.64 5.5341 5.76 0.38 0.52 -1.67 5.7642 6.00 0.40 0.54 -1.71 6.0043 6.25 0.41 0.56 -1.74 6.2544 6.50 0.43 0.58 -1.77 6.5045 6.78 0.45 0.60 -1.81 6.7846 7.06 0.47 0.61 -1.84 7.0647 7.35 0.49 0.63 -1.88 7.3548 7.66 0.51 0.65 -1.91 7.6649 7.98 0.53 0.67 -1.95 7.9850 8.31 0.55 0.68 -1.99 8.3151 8.66 0.57 0.70 -2.03 8.6652 9.03 0.60 0.71 -2.07 9.0353 9.41 0.62 0.73 -2.11 9.4154 9.81 0.65 0.74 -2.15 9.8155 10.23 0.67 0.75 -2.19 10.2356 10.66 0.70 0.77 -2.24 10.6657 11.12 0.73 0.78 -2.28 11.1258 11.60 0.76 0.79 -2.33 11.6059 12.10 0.79 0.80 -2.42 12.10Notes:1. When calculating the deduction for GMP, the factor given should be applied to the sum of the GMPamount in respect of service up to 5 April 1988 and 150% of the GMP amount in respect of service afterthat date
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 36Club transfers – Female (pension age 65) (continued)Age lastbirthdayatrelevantdateGrossPension of£1 perannumLump Sumof £1SurvivingPartner'sPension of£1 paDeductionfor Pre88GMP of £1paDeductionfor Post88GMP of £1paDeductionfor NIModificationof £1 paNotes:60 12.63 0.83 0.81 -2.04 -3.41 12.6361 13.20 0.86 0.81 -1.10 -2.54 13.2062 13.79 0.90 0.82 -0.13 -1.63 13.7963 14.42 0.94 0.82 0.89 -0.67 14.4264 15.08 0.98 0.82 1.96 0.32 15.081. When calculating the deduction for GMP for females age 60 and above, the ‘Pre-88’ GMP factorshould be applied to the GMP amount in respect of service up to 5 April 1988, and the ‘Post-88’GMP factor applied to the GMP amount in respect of service after that date.2. <strong>The</strong> GMP figures should be the annual amounts, including revaluation and late retirementincrease.
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 37Club AMCAge LastBirthday atRelevant DateYield on Index Linked Stocks at Relevant Date0.0% 1.0% 2.0% 3.0% 4.0%16-25 1.31 1.22 1.12 1.04 0.9626-28 1.31 1.22 1.12 1.04 0.9629-31 1.31 1.22 1.12 1.04 0.9632-33 1.31 1.22 1.12 1.04 0.9634-35 1.31 1.22 1.12 1.04 0.9636-37 1.31 1.22 1.12 1.04 0.9638 1.31 1.22 1.12 1.04 0.9639 1.31 1.22 1.12 1.04 0.9640 1.31 1.22 1.12 1.04 0.9641 1.31 1.22 1.12 1.04 0.9642 1.31 1.22 1.12 1.04 0.9643 1.31 1.22 1.12 1.04 0.9644 1.31 1.22 1.12 1.04 0.9645 1.31 1.22 1.12 1.04 0.9646 1.31 1.21 1.12 1.04 0.9647 1.31 1.21 1.12 1.04 0.9648 1.31 1.21 1.12 1.04 0.9649 1.31 1.21 1.12 1.04 0.9650 1.31 1.21 1.12 1.04 0.9651 1.30 1.21 1.12 1.04 0.9652 1.30 1.20 1.12 1.04 0.9653 1.29 1.20 1.12 1.04 0.9654 1.29 1.20 1.11 1.04 0.9755 1.28 1.19 1.11 1.04 0.9756 1.27 1.18 1.11 1.03 0.9757 1.26 1.18 1.10 1.03 0.9758 1.25 1.17 1.10 1.03 0.9759 1.23 1.16 1.09 1.03 0.9760 1.22 1.15 1.09 1.03 0.9761 1.22 1.15 1.09 1.03 0.9762 1.21 1.14 1.08 1.03 0.9763 1.20 1.14 1.08 1.03 0.9864 1.19 1.13 1.08 1.02 0.98
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Pension and Divorce factors from 6 July 2010Annex 6Table 38Pension sharing pensioner cash equivalents: Retirement not on Groundsof Ill-Health – MaleAge lastbirthday atrelevant dateGrosspension of£1 a yearPartner'spension of£1 a yearDeduction for GMP of £1 ayearpre-88post-88Deduction for NImodification of £1a year50 18.08 1.80 2.08 0.68 5.9551 17.96 1.86 2.12 0.69 6.3052 17.83 1.92 2.15 0.70 6.6853 17.65 1.97 2.19 0.71 7.0754 17.45 2.04 2.23 0.72 7.5055 17.24 2.08 2.26 0.74 7.9556 17.00 2.13 2.30 0.75 8.4257 16.75 2.18 2.34 0.76 8.9358 16.49 2.23 2.38 0.77 9.4859 16.21 2.29 2.42 0.79 10.0660 15.93 2.35 2.47 0.80 10.6861 15.63 2.41 2.51 0.82 11.3362 15.31 2.47 2.56 0.83 12.0463 14.98 2.54 2.61 0.85 12.7864 14.65 2.60 2.66 0.86 13.5865 14.31 2.66 2.71 0.88 14.4366 13.97 2.71 2.60 0.84 14.0967 13.63 2.75 2.49 0.81 13.7468 13.28 2.79 2.39 0.77 13.3969 12.93 2.82 2.28 0.73 13.0470 12.57 2.86 2.17 0.70 12.6871 12.20 2.89 2.07 0.66 12.3172 11.82 2.93 1.96 0.63 11.9273 11.42 2.97 1.85 0.59 11.5274 11.00 3.01 1.75 0.55 11.1075 10.57 3.05 1.64 0.52 10.6676 10.12 3.08 1.53 0.48 10.2077 9.65 3.11 1.42 0.45 9.7378 9.17 3.13 1.31 0.41 9.2579 8.70 3.14 1.21 0.38 8.7780 8.22 3.12 1.11 0.35 8.2981 7.76 3.09 1.01 0.31 7.8282 7.31 3.03 0.92 0.28 7.3883 6.89 2.96 0.83 0.26 6.9584 6.50 2.87 0.75 0.23 6.5685 6.13 2.77 0.68 0.21 6.1886 5.78 2.67 0.61 0.19 5.8387 5.43 2.57 0.55 0.17 5.4788 5.07 2.48 0.49 0.15 5.1289 4.72 2.40 0.43 0.13 4.7690 4.36 2.31 0.38 0.12 4.4091 4.02 2.22 0.34 0.10 4.0692 3.70 2.12 0.29 0.09 3.7393 3.42 2.00 0.26 0.08 3.4594 3.17 1.87 0.22 0.07 3.1995 2.95 1.74 0.20 0.06 2.9796 2.75 1.60 0.17 0.05 2.7897 2.59 1.48 0.15 0.05 2.6198 2.44 1.36 0.14 0.04 2.4699 2.30 1.26 0.12 0.04 2.32100 2.18 1.18 0.11 0.03 2.20
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 39Pension sharing pensioner cash equivalents: Retirement not on Groundsof Ill-Health – FemaleAge lastbirthday atrelevant dateGrosspension of£1 a yearPartner'spension of£1 a yearDeduction for GMP of £1 ayearpre-88 post-88Deduction for NImodification of £1a year50 18.42 0.93 2.54 0.88 6.3451 18.33 0.94 2.59 0.90 6.7252 18.22 0.95 2.63 0.91 7.1153 18.10 0.96 2.68 0.93 7.5354 17.93 0.96 2.73 0.94 7.9855 17.73 0.97 2.78 0.96 8.4556 17.51 0.97 2.83 0.98 8.9657 17.29 0.98 2.88 0.99 9.4958 17.05 0.99 2.94 1.01 10.0659 16.80 0.99 2.99 1.03 10.6660 16.54 1.00 3.05 1.05 11.3161 16.26 1.02 2.95 1.01 11.9962 15.97 1.03 2.84 0.98 12.7163 15.67 1.04 2.73 0.94 13.4764 15.35 1.06 2.62 0.90 14.2965 15.03 1.08 2.52 0.86 15.1666 14.70 1.09 2.41 0.82 14.8267 14.37 1.10 2.30 0.79 14.4968 14.03 1.10 2.20 0.75 14.1569 13.69 1.10 2.09 0.71 13.8170 13.34 1.10 1.99 0.68 13.4571 12.98 1.09 1.89 0.64 13.0972 12.60 1.09 1.78 0.60 12.7073 12.20 1.08 1.68 0.57 12.3074 11.78 1.07 1.57 0.53 11.8875 11.34 1.06 1.46 0.49 11.4476 10.88 1.06 1.35 0.46 10.9777 10.40 1.05 1.25 0.42 10.4978 9.91 1.04 1.14 0.38 9.9979 9.42 1.02 1.04 0.35 9.5080 8.93 1.01 0.94 0.32 9.0181 8.46 0.99 0.85 0.29 8.5382 8.00 0.97 0.77 0.26 8.0783 7.56 0.95 0.69 0.23 7.6384 7.14 0.92 0.62 0.21 7.2085 6.74 0.88 0.56 0.19 6.8086 6.35 0.83 0.50 0.17 6.4087 5.96 0.79 0.45 0.15 6.0188 5.57 0.74 0.39 0.13 5.6289 5.19 0.71 0.35 0.11 5.2390 4.81 0.67 0.30 0.10 4.8591 4.44 0.65 0.26 0.09 4.4892 4.09 0.63 0.23 0.08 4.1293 3.77 0.61 0.20 0.07 3.8094 3.47 0.60 0.17 0.06 3.5095 3.21 0.58 0.15 0.05 3.2496 2.98 0.56 0.13 0.04 3.0197 2.78 0.55 0.11 0.04 2.8198 2.61 0.53 0.10 0.03 2.6399 2.44 0.51 0.09 0.03 2.46100 2.29 0.49 0.08 0.03 2.31
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 40Pension sharing pensioner cash equivalents: Retirement on Grounds of Ill-Health – MaleAge lastbirthday atrelevant dateGrosspension of£1 a yearPartner'spension of£1 a yearDeduction for GMP of £1 ayearDeduction for NImodification of £1a yearpre-88 post-8820 22.31 0.61 1.25 0.41 1.0821 22.24 0.64 1.27 0.42 1.1422 22.17 0.66 1.30 0.42 1.2123 22.09 0.69 1.32 0.43 1.2824 22.01 0.72 1.34 0.44 1.3625 21.92 0.75 1.37 0.45 1.4426 21.83 0.79 1.39 0.46 1.5227 21.74 0.82 1.42 0.46 1.6128 21.64 0.85 1.44 0.47 1.7129 21.54 0.89 1.47 0.48 1.8130 21.44 0.93 1.49 0.49 1.9131 21.33 0.97 1.52 0.50 2.0232 21.22 1.00 1.55 0.51 2.1433 21.10 1.04 1.57 0.51 2.2734 20.98 1.08 1.60 0.52 2.4035 20.85 1.12 1.63 0.53 2.5436 20.73 1.16 1.65 0.54 2.6937 20.59 1.21 1.68 0.55 2.8438 20.45 1.25 1.71 0.56 3.0139 20.31 1.29 1.74 0.57 3.1840 20.16 1.34 1.77 0.58 3.3741 20.01 1.38 1.80 0.59 3.5642 19.85 1.43 1.83 0.60 3.7743 19.68 1.48 1.86 0.61 3.9944 19.51 1.52 1.89 0.62 4.2345 19.34 1.57 1.92 0.63 4.4746 19.16 1.62 1.95 0.64 4.7347 18.97 1.67 1.98 0.65 5.0148 18.77 1.72 2.02 0.66 5.3149 18.57 1.78 2.05 0.67 5.6250 18.36 1.83 2.08 0.68 5.9551 18.15 1.88 2.12 0.69 6.3052 17.93 1.93 2.15 0.70 6.6853 17.70 1.98 2.19 0.71 7.0754 17.47 2.04 2.23 0.72 7.5055 17.24 2.08 2.26 0.74 7.9556 17.00 2.13 2.30 0.75 8.4257 16.75 2.18 2.34 0.76 8.9358 16.49 2.23 2.38 0.77 9.4859 16.21 2.29 2.42 0.79 10.0660 15.93 2.35 2.47 0.80 10.6861 15.63 2.41 2.51 0.82 11.3362 15.31 2.47 2.56 0.83 12.0463 14.98 2.54 2.61 0.85 12.7864 14.65 2.60 2.66 0.86 13.5865 14.31 2.66 2.71 0.88 14.4366 13.97 2.71 2.60 0.84 14.0967 13.63 2.75 2.49 0.81 13.7468 13.28 2.79 2.39 0.77 13.3969 12.93 2.82 2.28 0.73 13.0470 12.57 2.86 2.17 0.70 12.6871 12.20 2.89 2.07 0.66 12.3172 11.82 2.93 1.96 0.63 11.9273 11.42 2.97 1.85 0.59 11.5274 11.00 3.01 1.75 0.55 11.10
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 40Pension sharing pensioner cash equivalents: Retirement on Grounds of Ill-Health – Male (continued)Age lastbirthday atrelevant dateGrosspension of£1 a yearPartner'spension of£1 a yearDeduction for GMP of £1 ayearDeduction for NImodification of £1a yearpre-88 post-8875 10.57 3.05 1.64 0.52 10.6676 10.12 3.08 1.53 0.48 10.2077 9.65 3.11 1.42 0.45 9.7378 9.17 3.13 1.31 0.41 9.2579 8.70 3.14 1.21 0.38 8.7780 8.22 3.12 1.11 0.35 8.2981 7.76 3.09 1.01 0.31 7.8282 7.31 3.03 0.92 0.28 7.3883 6.89 2.96 0.83 0.26 6.9584 6.50 2.87 0.75 0.23 6.5685 6.13 2.77 0.68 0.21 6.1886 5.78 2.67 0.61 0.19 5.8387 5.43 2.57 0.55 0.17 5.4788 5.07 2.48 0.49 0.15 5.1289 4.72 2.40 0.43 0.13 4.7690 4.36 2.31 0.38 0.12 4.4091 4.02 2.22 0.34 0.10 4.0692 3.70 2.12 0.29 0.09 3.7393 3.42 2.00 0.26 0.08 3.4594 3.17 1.87 0.22 0.07 3.1995 2.95 1.74 0.20 0.06 2.9796 2.75 1.60 0.17 0.05 2.7897 2.59 1.48 0.15 0.05 2.6198 2.44 1.36 0.14 0.04 2.4699 2.30 1.26 0.12 0.04 2.32100 2.18 1.18 0.11 0.03 2.20
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 41Pension sharing pensioner cash equivalents: Retirement on Grounds of Ill-Health – FemaleGrosspension ofPartner'spension ofDeduction for GMP of £1 ayear£1 a year £1 a year pre-88 post-8820 22.33 0.40 1.49 0.52 1.1521 22.26 0.42 1.52 0.53 1.2122 22.18 0.44 1.55 0.54 1.2923 22.11 0.46 1.58 0.55 1.3624 22.02 0.48 1.60 0.56 1.4425 21.94 0.50 1.63 0.57 1.5326 21.85 0.52 1.66 0.58 1.6227 21.76 0.54 1.70 0.59 1.7128 21.66 0.56 1.73 0.60 1.8129 21.56 0.58 1.76 0.61 1.9230 21.46 0.61 1.79 0.62 2.0331 21.36 0.63 1.82 0.64 2.1532 21.25 0.65 1.85 0.65 2.2833 21.13 0.67 1.89 0.66 2.4134 21.02 0.69 1.92 0.67 2.5535 20.90 0.72 1.96 0.68 2.7036 20.78 0.74 1.99 0.69 2.8637 20.65 0.76 2.02 0.71 3.0238 20.52 0.78 2.06 0.72 3.2039 20.39 0.80 2.10 0.73 3.3940 20.26 0.81 2.13 0.74 3.5941 20.12 0.83 2.17 0.76 3.8042 19.98 0.85 2.21 0.77 4.0243 19.83 0.86 2.25 0.78 4.2544 19.68 0.88 2.29 0.79 4.5045 19.52 0.89 2.33 0.81 4.7746 19.37 0.90 2.37 0.82 5.0547 19.20 0.92 2.41 0.84 5.3448 19.04 0.93 2.45 0.85 5.6649 18.86 0.94 2.50 0.87 5.9950 18.69 0.94 2.54 0.88 6.3451 18.51 0.95 2.59 0.90 6.7252 18.33 0.96 2.63 0.91 7.1153 18.14 0.96 2.68 0.93 7.5354 17.94 0.96 2.73 0.94 7.9855 17.73 0.97 2.78 0.96 8.4556 17.51 0.97 2.83 0.98 8.9657 17.29 0.98 2.88 0.99 9.4958 17.05 0.99 2.94 1.01 10.0659 16.80 0.99 2.99 1.03 10.6660 16.54 1.00 3.05 1.05 11.3161 16.26 1.02 2.95 1.01 11.9962 15.97 1.03 2.84 0.98 12.7163 15.67 1.04 2.73 0.94 13.4764 15.35 1.06 2.62 0.90 14.2965 15.03 1.08 2.52 0.86 15.1666 14.70 1.09 2.41 0.82 14.8267 14.37 1.10 2.30 0.79 14.4968 14.03 1.10 2.20 0.75 14.1569 13.69 1.10 2.09 0.71 13.8170 13.34 1.10 1.99 0.68 13.4571 12.98 1.09 1.89 0.64 13.0972 12.60 1.09 1.78 0.60 12.7073 12.20 1.08 1.68 0.57 12.3074 11.78 1.07 1.57 0.53 11.88Age lastbirthday atrelevant dateDeduction for NImodification of £1a year
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 41Pension sharing pensioner cash equivalents: Retirement on Grounds of Ill-Health – Female (continued)Grosspension ofPartner'spension ofDeduction for GMP of £1 ayear£1 a year £1 a year pre-88 post-8875 11.34 1.06 1.46 0.49 11.4476 10.88 1.06 1.35 0.46 10.9777 10.40 1.05 1.25 0.42 10.4978 9.91 1.04 1.14 0.38 9.9979 9.42 1.02 1.04 0.35 9.5080 8.93 1.01 0.94 0.32 9.0181 8.46 0.99 0.85 0.29 8.5382 8.00 0.97 0.77 0.26 8.0783 7.56 0.95 0.69 0.23 7.6384 7.14 0.92 0.62 0.21 7.2085 6.74 0.88 0.56 0.19 6.8086 6.35 0.83 0.50 0.17 6.4087 5.96 0.79 0.45 0.15 6.0188 5.57 0.74 0.39 0.13 5.6289 5.19 0.71 0.35 0.11 5.2390 4.81 0.67 0.30 0.10 4.8591 4.44 0.65 0.26 0.09 4.4892 4.09 0.63 0.23 0.08 4.1293 3.77 0.61 0.20 0.07 3.8094 3.47 0.60 0.17 0.06 3.5095 3.21 0.58 0.15 0.05 3.2496 2.98 0.56 0.13 0.04 3.0197 2.78 0.55 0.11 0.04 2.8198 2.61 0.53 0.10 0.03 2.6399 2.44 0.51 0.09 0.03 2.46100 2.29 0.49 0.08 0.03 2.31Age lastbirthday atrelevant dateDeduction for NImodification of £1a year
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 42Pension sharing pensioner cash equivalents: Adjustment for MarketConditionsAge lastbirthday atYield on index-linked stocks at relevant daterelevantdate0% 1% 2% 3%20 1.25 1.17 1.10 1.0321 1.25 1.17 1.10 1.0322 1.25 1.17 1.10 1.0323 1.25 1.17 1.10 1.0324 1.25 1.17 1.10 1.0325 1.25 1.17 1.10 1.0326 1.25 1.17 1.10 1.0327 1.25 1.17 1.10 1.0328 1.25 1.17 1.10 1.0329 1.25 1.17 1.10 1.0330 1.25 1.17 1.10 1.0331 1.24 1.17 1.10 1.0332 1.24 1.17 1.10 1.0333 1.24 1.17 1.10 1.0334 1.24 1.17 1.10 1.0335 1.24 1.17 1.10 1.0336 1.24 1.17 1.10 1.0337 1.24 1.17 1.10 1.0<strong>338</strong> 1.24 1.17 1.10 1.0339 1.24 1.17 1.10 1.0340 1.24 1.17 1.10 1.0341 1.24 1.17 1.10 1.0342 1.24 1.16 1.10 1.0343 1.24 1.16 1.09 1.0344 1.24 1.16 1.09 1.0345 1.24 1.16 1.09 1.0346 1.24 1.16 1.09 1.0347 1.24 1.16 1.09 1.0348 1.24 1.16 1.09 1.0349 1.24 1.16 1.09 1.0350 1.23 1.16 1.09 1.0351 1.23 1.16 1.09 1.0352 1.23 1.16 1.09 1.0353 1.23 1.16 1.09 1.0354 1.23 1.16 1.09 1.0355 1.23 1.16 1.09 1.0356 1.23 1.16 1.09 1.0357 1.23 1.16 1.09 1.0358 1.23 1.16 1.09 1.0359 1.23 1.15 1.09 1.0360 1.22 1.15 1.09 1.0361 1.22 1.15 1.09 1.0362 1.22 1.15 1.09 1.0363 1.22 1.15 1.09 1.0364 1.22 1.15 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.0370 1.20 1.14 1.08 1.0371 1.20 1.14 1.08 1.0372 1.20 1.14 1.08 1.0373 1.20 1.13 1.08 1.0374 1.19 1.13 1.08 1.02
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 42Pension sharing pensioner cash equivalents: Adjustment for MarketConditions (continued)Age lastbirthday atYield on index-linked stocks at relevant daterelevantdate0% 1% 2% 3%75 1.19 1.13 1.08 1.0276 1.18 1.13 1.07 1.0277 1.18 1.12 1.07 1.0278 1.18 1.12 1.07 1.0279 1.17 1.12 1.07 1.0280 1.17 1.11 1.07 1.0281 1.16 1.11 1.06 1.0282 1.15 1.11 1.06 1.0283 1.15 1.10 1.06 1.0284 1.14 1.10 1.06 1.0285 1.14 1.10 1.06 1.0286 1.13 1.09 1.05 1.0287 1.13 1.09 1.05 1.0288 1.12 1.08 1.05 1.0289 1.12 1.08 1.05 1.0290 1.11 1.08 1.04 1.0191 1.10 1.07 1.04 1.0192 1.10 1.07 1.04 1.0193 1.09 1.06 1.04 1.0194 1.09 1.06 1.04 1.0195 1.08 1.06 1.03 1.0196 1.08 1.06 1.03 1.0197 1.08 1.05 1.03 1.0198 1.07 1.05 1.03 1.0199 1.07 1.05 1.03 1.01100 1.07 1.05 1.03 1.01
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 43Pension sharing: Pension credit for ex-spouseAge lastbirthday atrelevant dateMalesGross pensionof £1 a yearwith NPA 60Lump sum of£1 with NPA60Age lastbirthday atrelevant dateFemalesGross pensionof £1 a yearwith NPA 60Lump sum of£1 with NPA6016 2.66 0.16 16 2.77 0.1617 2.77 0.16 17 2.89 0.1618 2.88 0.17 18 3.01 0.1719 3.00 0.18 19 3.13 0.1820 3.13 0.18 20 3.26 0.1921 3.26 0.19 21 3.40 0.1922 3.40 0.20 22 3.54 0.2023 3.54 0.21 23 3.69 0.2124 3.68 0.22 24 3.84 0.2225 3.83 0.23 25 4.00 0.2326 3.99 0.24 26 4.16 0.2427 4.16 0.25 27 4.34 0.2528 4.33 0.26 28 4.52 0.2629 4.51 0.27 29 4.70 0.2730 4.69 0.28 30 4.89 0.2831 4.88 0.29 31 5.10 0.2932 5.08 0.30 32 5.31 0.3133 5.29 0.32 33 5.52 0.3234 5.51 0.33 34 5.75 0.3335 5.73 0.34 35 5.99 0.3536 5.97 0.36 36 6.23 0.3637 6.21 0.37 37 6.49 0.3838 6.47 0.39 38 6.76 0.3939 6.73 0.41 39 7.04 0.4140 7.01 0.42 40 7.32 0.4341 7.29 0.44 41 7.63 0.4542 7.59 0.46 42 7.94 0.4643 7.91 0.48 43 8.27 0.4844 8.23 0.50 44 8.61 0.5145 8.57 0.52 45 8.96 0.5346 8.92 0.54 46 9.33 0.5547 9.29 0.57 47 9.72 0.5748 9.68 0.59 48 10.12 0.6049 10.08 0.62 49 10.54 0.6250 10.50 0.65 50 10.98 0.6551 10.94 0.67 51 11.44 0.6852 11.40 0.70 52 11.91 0.7153 11.88 0.73 53 12.41 0.7454 12.39 0.77 54 12.93 0.7755 12.91 0.80 55 13.47 0.8156 13.47 0.84 56 14.04 0.8457 14.05 0.87 57 14.64 0.8858 14.66 0.91 58 15.26 0.9259 15.31 0.96 59 15.91 0.9660 15.98 1.00 60 16.59 1.0061 15.68 1.00 61 16.31 1.0062 15.38 1.00 62 16.03 1.0063 15.06 1.00 63 15.73 1.0064 14.73 1.00 64 15.42 1.0065 14.40 1.00 65 15.10 1.0066 14.07 1.00 66 14.78 1.0067 13.74 1.00 67 14.45 1.0068 13.40 1.00 68 14.13 1.0069 13.06 1.00 69 13.79 1.00
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 43Pension sharing: Pension credit for ex-spouse (continued)Age lastbirthday atrelevant dateMalesGross pensionof £1 a yearwith NPA 60Lump sum of£1 with NPA60Age lastbirthday atrelevant dateFemalesGross pensionof £1 a yearwith NPA 60Lump sum of£1 with NPA6070 12.72 1.00 70 13.45 1.0071 12.36 1.00 71 13.10 1.0072 11.99 1.00 72 12.73 1.0073 11.61 1.00 73 12.34 1.0074 11.21 1.00 74 11.94 1.0075 10.80 1.00 75 11.52 1.0076 10.38 1.00 76 11.09 1.0077 9.95 1.00 77 10.64 1.0078 9.52 1.00 78 10.19 1.0079 9.10 1.00 79 9.74 1.0080 8.68 1.00 80 9.31 1.0081 8.29 1.00 81 8.88 1.0082 7.91 1.00 82 8.48 1.0083 7.56 1.00 83 8.10 1.0084 7.23 1.00 84 7.74 1.0085 6.93 1.00 85 7.39 1.0086 6.64 1.00 86 7.07 1.0087 6.36 1.00 87 6.75 1.0088 6.10 1.00 88 6.45 1.0089 5.85 1.00 89 6.17 1.0090 5.63 1.00 90 5.91 1.0091 5.43 1.00 91 5.67 1.0092 5.26 1.00 92 5.46 1.0093 5.12 1.00 93 5.28 1.0094 5.00 1.00 94 5.13 1.0095 4.91 1.00 95 5.01 1.0096 4.83 1.00 96 4.91 1.0097 4.77 1.00 97 4.83 1.0098 4.72 1.00 98 4.77 1.0099 4.68 1.00 99 4.72 1.00100 4.65 1.00 100 4.67 1.00
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 44Pension sharing: Pension credit for ex-spouse – Adjustment for MarketConditionsAge last birthday atrelevant dateYield on index-linked stocks at relevant date0% 1% 2% 3%16 1.31 1.21 1.12 1.0417 1.31 1.21 1.12 1.0418 1.31 1.21 1.12 1.0419 1.31 1.21 1.12 1.0420 1.31 1.21 1.12 1.0421 1.31 1.21 1.12 1.0422 1.31 1.21 1.12 1.0423 1.31 1.21 1.12 1.0424 1.31 1.21 1.12 1.0425 1.31 1.21 1.12 1.0426 1.31 1.21 1.12 1.0427 1.31 1.21 1.12 1.0428 1.31 1.21 1.12 1.0429 1.31 1.21 1.12 1.0430 1.31 1.21 1.12 1.0431 1.31 1.21 1.12 1.0432 1.31 1.21 1.12 1.0433 1.31 1.21 1.12 1.0434 1.31 1.21 1.12 1.0435 1.31 1.21 1.12 1.0436 1.31 1.21 1.12 1.0437 1.31 1.21 1.12 1.0438 1.31 1.21 1.12 1.0439 1.31 1.21 1.12 1.0440 1.31 1.21 1.12 1.0441 1.31 1.21 1.12 1.0442 1.31 1.21 1.12 1.0443 1.31 1.21 1.12 1.0444 1.31 1.21 1.12 1.0445 1.31 1.21 1.12 1.0446 1.31 1.21 1.12 1.0447 1.31 1.21 1.12 1.0448 1.31 1.21 1.12 1.0449 1.31 1.21 1.12 1.0450 1.31 1.21 1.12 1.0451 1.30 1.21 1.12 1.0452 1.30 1.21 1.12 1.0453 1.30 1.20 1.12 1.0454 1.29 1.20 1.11 1.0455 1.28 1.19 1.11 1.0456 1.27 1.19 1.11 1.0357 1.26 1.18 1.10 1.0358 1.25 1.17 1.10 1.0359 1.24 1.16 1.09 1.0360 1.22 1.15 1.09 1.0361 1.22 1.15 1.09 1.0362 1.22 1.15 1.09 1.0363 1.22 1.15 1.09 1.0364 1.22 1.15 1.09 1.0365 1.22 1.15 1.09 1.0366 1.21 1.15 1.08 1.0367 1.21 1.15 1.08 1.0368 1.21 1.14 1.08 1.0369 1.21 1.14 1.08 1.03
Updated Scheme Factors <strong>PC</strong> <strong>338</strong>Table 44Pension sharing: Pension credit for ex-spouse – Adjustment for MarketConditions (continued)Age last birthday atrelevant dateYield on index-linked stocks at relevant date0% 1% 2% 3%70 1.20 1.14 1.08 1.0371 1.20 1.14 1.08 1.0372 1.20 1.14 1.08 1.0373 1.20 1.13 1.08 1.0374 1.19 1.13 1.08 1.0275 1.19 1.13 1.08 1.0276 1.18 1.13 1.07 1.0277 1.18 1.12 1.07 1.0278 1.18 1.12 1.07 1.0279 1.17 1.12 1.07 1.0280 1.17 1.11 1.07 1.0281 1.16 1.11 1.06 1.0282 1.15 1.11 1.06 1.0283 1.15 1.10 1.06 1.0284 1.14 1.10 1.06 1.0285 1.14 1.10 1.06 1.0286 1.13 1.09 1.05 1.0287 1.13 1.09 1.05 1.0288 1.12 1.08 1.05 1.0289 1.12 1.08 1.05 1.0290 1.11 1.08 1.04 1.0191 1.10 1.07 1.04 1.0192 1.10 1.07 1.04 1.0193 1.09 1.06 1.04 1.0194 1.09 1.06 1.04 1.0195 1.08 1.06 1.03 1.0196 1.08 1.06 1.03 1.0197 1.08 1.05 1.03 1.0198 1.07 1.05 1.03 1.0199 1.07 1.05 1.03 1.01100 1.07 1.05 1.03 1.01
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