12.07.2015 Views

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

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

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

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Calculati<strong>on</strong> <strong>of</strong> uplift at Relevant Time (be<strong>for</strong>e applying 90% multiplier)1. If “Age at <strong>the</strong> RT” 65 <strong>AND</strong>(a) If “Age at DOR” > 65= [ (FGMP 60 x FLR 60:DOR) – (MGMP 65 x MLR 65:DOR) ] x GI DOR:RT= [ ( x ) - ( x ) ] x= £ pa (1)(b) If 60 < “Age at DOR” 65= [FGMP 60 x FLR 60:DOR x GI DOR:RT] - [MGMP 65 x GI 65:RT]= [ x x ] - [ x ]= £ pa (1)(c) If “Age at DOR” 60= [FGMP 60 x GI 60:RT] - [MGMP 65 x GI 65:RT]= [ x ] - [ x ]= £ pa (1)OR2. If 60 < “Age at RT” < 65 <strong>AND</strong>(a) If “Age at DOR” 60[FGMP 60 x FLR 60:DOR x GI DOR:RT] - [ NPA Pre97Comp RT ]Multiplier 1= [ x x ] - [ ]= £ pa (1)(b) If “Age at DOR” < 60= [FGMP 60 x GI 60:RT] - [ NPA Pre97Comp RT ]Multiplier 1= [ x ] - [ ]= £ pa (1)57

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