34
35
retained as the registered pension of the officer as at the 30th June 1959. Variations in the registered pension consequent upon the rise or fall in contributions on or after the 1st July 1959 or resulting from the re-marriage of the officer on or after that date are, however, to be calculated on and in accordance with the Tables and Instructions in this Schedule.
EXAMPLE (-
Officer bora on
Offer married an
Offer commenced to contribute on Annual contribution as at 30th June 1959 Wife born or vi
31st July 1920
30th June 1945 1st April 1946
$1,500
31st August 1921
Registered pension as at 30th June 1959 (calculated on Tables in force on that date)
$10,785
Quantity found from Table B in force on 30th June 1999, section for officers aged 61 next birthday when they complete their period of contribution-
} 4.30
Husband aged 39 next birthday on 1st July 1959 Wife* aged 38 next birthday on same date Therefore, on the Tables in force on 30th June 1959, the part of the registered pension to be purchased by contribution talling due on or after the 1st July 1959 is $1,500 × 4.50, La. 56,750,
Therefore, on the same Tables, the part of the registered pension purchased by contributions which fall due on or before 30th June 1959 is $10,785 minus $6,750, ie. $4,035.
Quantity found from Table B in this Schedule, section for officers aged 6) next birthday when they complete their period of con- tribution-
Husband aged 39 next birthday on lat July 1959 }
Wife" aged 38 next birthday on same date
4.27
Therefore, on the Tables in this Schedule, the amount of the registered pension to be purchased by contributions falling due on or after 1st July 1999 is $1,500 $750 (ie. 50% increase of annual contribution) = $2,250 × 4.27, Le. $9,607.50.
As, in this example, the part of the registered pension to be purchased by contributions falling due on or after 1st July 1959, when calculated on the Tables in this Schedule, is greater than the same part when calculated on the Tables in force on 30th June 1959, it is to be added to the part purchased by contributions which fell dua on or before 30th June 1959.
Thus, the registered pension in this example, as at
30th June 1959 is
Total
$ 4,035.00
+$ 9,607.50
$13,642.50
EXAMPLE (2)
Officer born am
Officer commences contributing
Officer marries on
Wife born on
Age next birthday of officer on date of
completion of contribution period
**
31st July 1907 1st April 1927
30th June 1947
31st August 1927
52
Age next birthday of officer on 1st July 1959 Age next birthday of wife on 1st July 1959 32 Aanual contribution as at 30th June 1959 $1,200 Registered pension as at 30th June 1959 (calculated on Tables in force on that date)
$16,000
Quantity found from Table B in force on 30th June 1959, section for officers aged 55 next birthday when they complete their period of contribution-
}
.73
Husband aged 52 next birthday on 1st July 1959 Wife" aged 32 next birthday on same date
Therefore, on the Tables in force on 30th Jude 1959, the part of the registered pension to be purchased by contributions falling due on or after lat July 1999 is $1,200 x 73, Le. $876.00
Therefore, on the same Tables, the part purchased by contribu- Gions which fell due on or before 30th June 1939 la $16,000 minus $876, .. $15,124.00.
Quantity found from Table > in this Schedule, section for officers aged 35 next birthday when they complete their period of can- tribution-
Husband aged $2 next birthday on 1st July 1959 Wife* aged 32 next birthday on same date
}.36
Therefore, on the Tables in this Schedule, the amount of the registered pension to be purchased by contributions falling dus on or after 1st July 1959 is $1,200 + $600 (e. 50% increase of annual contribution) = $1,800 × 36, le. $648.00.
This is less than the same part as calculated on the Tables in
force on 30th June 1959,
Therefore, the part to be purchased by contributions falling due on or after the 1st July 1959 is to be calculated on the Tables in force on 30th June 1959, and added to the part purchased by contributions which fell due on or before 30th June 1959.
Thus, the registered pension in this example, aa et
30th June 1959, is
Total
+$
$15,124,00 876.00
$16,000.00
* Note="Where the goodrea in the Tables, procent au fasted in the sentral
compla riven in verticem F.
* More--Where the age D not given in thd Tables, proceed a Uustrated in the general
crampica Divco da sction F.
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