Instalment
1
2
1
Year
1
2
DIAGRAM 3
3
4
5
3
I
Y5
Y4
Y3
Y2
CAP with RPI applied
Frozen at hightest level
Actual compensation
NOTE: In this example the officer only gets the benefit of the CAP for the first four instalments. Thereafter it is frozen at that level because the actual compensation falls below the previously assessed CAP.