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” > 65Increase 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” 65Increase 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 ] }= { x [ - ] }+ { x x [ - ] }= £ pa (1)(c) If “Age at DOR” 60Increase 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)52