1967 Ed.]
Widows and Orphans Pension.
[CAP. 94
45
EXAMPLE (2)-
Officer born on . 31st July 1907
Officer commences contributing. 1st April 1927
Officer marries on.... 30th June 1947
Wife born on...... 31st August 1927
Age next birthday of officer on date of completion of contribution period.... 55
Age next birthday of officer on 1st July 1959 ..... 52
Age next birthday of wife on 1st July 1959 ....... 32
Annual 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 June 1959, the part of the registered pension to be purchased by contributions falling due on or after 1st July 1959 is $1,200 × .73, i.e. $876.00
Therefore, on the same Tables, the part purchased by contributions which fell due on or before 30th June 1959 is $16,000 minus $876, i.e. $15,124.00.
Quantity found from Table B in this Schedule, section for officers aged 55 next birthday when they complete their period of contribution- .36
Husband aged 52 next birthday on 1st July 1959 Wife* aged 32 next birthday on same date
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 1959 is $1,200 + $600 (i.e. 50% increase of annual contribution) = $1,800 × .36, i.e. $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, as at 30th June 1959, is
Total..... $15,124.00 + $876.00 $16,000.00
In other words, the total registered pension as at the 30th June 1959, as calculated on the Tables then in force, is to be retained.
(Schedule added, 72 of 1967, s. 13)†
* Note-Where the age is not given in the Tables, proceed as illustrated in the general examples given in section F.
† Effective from 1st July 1959.
1967 Ed.]
Widows and Orphans Pension.
[CAP. 94
45
EXAMPLE (2)-
Officer born on .
31st July 1907
Officer commences contributing.
1st April 1927
Officer marries on....
30th June 1947
Wife born on......
31st August 1927
Age next birthday of officer on date of completion
of contribution period....
55
Age next birthday of officer on 1st July 1959 ..... Age next birthday of wife on 1st July 1959 ....... Annual contribution as at 30th June 1959
52
3.2
$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 June 1959, the part of the registered pension to be purchased by contributions falling due on or after 1st July 1959 is $1,200 > .73, i.e. $876.00
Therefore, on the same Tables, the part purchased by contributions which fell due on or before 30th June 1959 is $16,000 minus $876, i.e. $15,124.00.
Quantity found from Table B in this Schedule, section for officers aged 55 next birthday when they complete their period of contribution-
Husband aged 52 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 due on or after 1st July 1959 is $1,200 + $600 (ie. 50% increase of annual con- tribution) $1,800 x .36, i.e. $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, as at 30th
June 1959, is
Total.....
$15,124.00 +$ 876.00
$16,000.00
In other words, the total registered pension as at the 30th June 1959,
as calculated on the Tables then in force, is to be retained.
(Schedule added, 72 of 1967, s. 13)†
* Note-Where the age is not given in the Tables, proceed as illustrated in the general examples
given in section F.
† Effective from 1st July 1959.
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