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I-FIRST WIFE'S PROSPECTIVE PENSION.
The registered pension to be recorded on marriage Is found by adding together the two amounts calculated in accordance with the following rules [(a) and [(b), respectively-
RULE 1(2)
(4) Pension in consideration of the contributions paid before marriage.
Increase each contribution by 50 per cent (being Governmeal's contribution); then sccumulate the con- tributions (so incressed) at 34 per cent, compound interest, with yearly reats at each 31st December; and then multiply the result by the quantity found from Table A porresponding to the respective ages noxi birthday of the husband and wife at the date of marriage.
The product gives the registered pension on ac- count of the contributions paid before marriage.
(b) Pension in consideration of the annual contribution current al the
date of marriage.
RULE (5)
EXAMPLE-
Increase the amount of the current annual contribu tion (which is obtained by multiplying by 12 the amount of the last monthly contribution) by 50 per chered (being Govertimeat's contribution); then hura to the section of Table B which contains in the beading the age next birthday of the busband at the date of completion of his period of contribution, or, where completion of the period of contribution occurs on bis attaining the age of 63 years without his having contributed for 35 successive years, turn to the last section of Table B. and multiply the amount of the current annual contribution (so increased) by the quantity found from that section corresponding to the respective ages next birthday of the husband and wife at the date of marriage.
The product gives the registered pension on ac- count of the annual contribution current at the date of marriage.
Offcer born DD
Application of rule fta).
Increase and accumulation of contributions paid before marriage--
1st April 1958 to 31st December
1958
Contributions during 1959
$300 increased
by 50% to $ 450.00
$400 increased
One year's interest at 31% on $450 underkanten
Contributions during 1960
by 50% to $ 600.00
15.75
$1,065.75
by 50% to $ 600,00
$400 increased
One year's interest at 34% on $1,065,75
Contributions during 1961
$ 37.30
$1.703.05
$500 increased
by 50% to
$ 750.00
$ $9.61
$2,512.66
One year's interest at 34% on $1,700.05
Contribution from 1st January 1962 to 30th June 1962 (ie. date of marriage)
$250 increased
Half-year's interest at 31% on $2,512.56
Quantity found from Table A-
Husband atitinkaono 301 Wife
20-264 201
by 30% to
$ 375.00
$ 43.97
$2,931.63
Then the registered pension in consideration of contributions paid before marriage $2.991.63 x 264
$773.95
Application of rule 1(b).
31st July 1932
Officer commenced to contribute on
1st April 1958
Officer married on
30th June 1962
Annual contribution current at date of marriage
$500
Annual contribution, lat April 1938 to 31st
December 1960
Current annual contribution increased by 50%
$750
$400
Annual contribution, 1st January 1961 to
date of marriage
Quantity found from Table B, section for officers aged 61 next
birthday at completion of period of contribution—–
$500
Date of completion of contribution period Wife born ou
1st April 1993
Husband Wife*
301 20
4.81
31st August 1942
Officer's Age next birthday at date of
marriage
30
Officer's age next birthday at completion of
contribution period
$750 X 481 $3,607.50
Then the registered pension in consideration of annual contribution current al marriage
51
Wife's age next birthday at date of marriage 20
• Norr-Where the age is not elven in the Tables, proceed a lortuted in the generat
eklud pica živem de déction F.
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