Pensions Circular PC 338 - The Civil Service

Updated Scheme Factors PC 338Club 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