Statement on Equalisation for GMPs AND the application of a ...

Calculation of uplift at Relevant Time (before applying 90% multiplier)Applicable to all pensioners – addresses increases in payment(a) If “Age at DOR” > 65 NOIncrease in compensation at RT= { MGMP 65 x MLR 65:DOR x [SI DOR:RT – GI DOR:RT ] }+ { FGMP 60 x FLR 60:DOR x [GI DOR:RT – SI DOR:RT ] }= { x x [ - ] x }+ { x x [ - ] }= £ pa (1)(b) If 60 < “Age at DOR” 65 YESIncrease in compensation at RT= { MGMP 65 x [SI 65:RT – GI 65:RT ] }+ { FGMP 60 x FLR 60:DOR x [GI DOR:RT – SI DOR:RT ] }= { 969.14 x [ 1.0927 - 1.0895 ] }+ { 964.34 x 1.5184 x [ 1.0895 - 1.0927 ] }= - £ 1.58 pa (1)(c) If “Age at DOR” 60 NOIncrease in compensation at RT= { MGMP 65 x [SI 65:RT – GI 65:RT] }+ { FGMP 60 x [GI 60:RT – SI 60:RT ] }= { x [ - ] }+ { x [ - ] }= £ pa (1)142