Employers' Guide
Appendix 5 - Early Retirement Factors for NPA 60 members - retirement date before 1.10.2007
Contents
1. Pensions E.R. Factors for NPA 60 members - retirement date before 1.10.2007 2. Lump Sums E.R. Factors for NPA 60 members - retirement date before 1.10.2007Please note these factors only apply to benefits payable pre 1 October 2007. New actuarial reduction factors are being introduced in respect of all actuarially reduced and premature retirement benefits payable on or after 1 October 2007. Click here to view the new factors.
1. Pensions E.R. Factors for NPA 60 members - retirement date before 1.10.2007
Complete Months
| 0 | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
50 |
0.580 |
0.582 |
0.584 |
0.587 |
0.589 |
0.591 |
51 |
0.606 |
0.609 |
0.611 |
0.614 |
0.616 |
0.619 |
52 |
0.635 |
0.638 |
0.641 |
0.643 |
0.646 |
0.649 |
53 |
0.667 |
0.670 |
0.673 |
0.676 |
0.679 |
0.682 |
54 |
0.703 |
0.706 |
0.709 |
0.713 |
0.716 |
0.719 |
55 |
0.742 |
0.746 |
0.750 |
0.753 |
0.757 |
0.761 |
56 |
0.786 |
0.790 |
0.794 |
0.798 |
0.802 |
0.806 |
57 |
0.833 |
0.837 |
0.842 |
0.846 |
0.850 |
0.854 |
58 |
0.884 |
0.889 |
0.893 |
0.898 |
0.903 |
0.907 |
59 |
0.940 |
0.945 |
0.950 |
0.955 |
0.960 |
0.965 |
| 6 | 7 | 8 | 9 | 10 | 11 | |
50 |
0.593 |
0.595 |
0.598 |
0.600 |
0.602 |
0.604 |
51 |
0.621 |
0.623 |
0.626 |
0.628 |
0.631 |
0.633 |
52 |
0.651 |
0.654 |
0.657 |
0.659 |
0.662 |
0.665 |
53 |
0.685 |
0.688 |
0.691 |
0.694 |
0.697 |
0.700 |
54 |
0.723 |
0.726 |
0.729 |
0.733 |
0.736 |
0.739 |
55 |
0.764 |
0.768 |
0.771 |
0.775 |
0.779 |
0.782 |
56 |
0.810 |
0.813 |
0.817 |
0.821 |
0.825 |
0.829 |
57 |
0.859 |
0.863 |
0.867 |
0.871 |
0.876 |
0.880 |
58 |
0.912 |
0.917 |
0.921 |
0.926 |
0.930 |
0.935 |
59 |
0.970 |
0.975 |
0.980 |
0.985 |
0.990 |
0.995 |
2. Lump Sums E.R. Factors for NPA 60 members - retirement date before 1.10.2007
Complete Months
| 0 | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
50 |
0.712 |
0.714 |
0.716 |
0.718 |
0.720 |
0.722 |
51 |
0.736 |
0.738 |
0.740 |
0.742 |
0.744 |
0.747 |
52 |
0.761 |
0.764 |
0.766 |
0.768 |
0.770 |
0.772 |
53 |
0.788 |
0.790 |
0.792 |
0.794 |
0.797 |
0.799 |
54 |
0.815 |
0.817 |
0.819 |
0.822 |
0.824 |
0.826 |
55 |
0.843 |
0.845 |
0.848 |
0.850 |
0.853 |
0.855 |
56 |
0.872 |
0.875 |
0.877 |
0.880 |
0.882 |
0.885 |
57 |
0.902 |
0.905 |
0.907 |
0.910 |
0.913 |
0.915 |
58 |
0.934 |
0.936 |
0.939 |
0.942 |
0.944 |
0.947 |
59 |
0.966 |
0.969 |
0.972 |
0.975 |
0.977 |
0.980 |
| 6 | 7 | 8 | 9 | 10 | 11 | |
50 |
0.724 |
0.726 |
0.728 |
0.730 |
0.732 |
0.734 |
51 |
0.749 |
0.751 |
0.753 |
0.755 |
0.757 |
0.759 |
52 |
0.774 |
0.777 |
0.779 |
0.781 |
0.783 |
0.785 |
53 |
0.801 |
0.803 |
0.806 |
0.808 |
0.810 |
0.812 |
54 |
0.829 |
0.831 |
0.834 |
0.836 |
0.838 |
0.841 |
55 |
0.857 |
0.860 |
0.862 |
0.865 |
0.867 |
0.870 |
56 |
0.887 |
0.890 |
0.892 |
0.895 |
0.897 |
0.900 |
57 |
0.918 |
0.921 |
0.923 |
0.926 |
0.928 |
0.931 |
58 |
0.950 |
0.953 |
0.955 |
0.958 |
0.961 |
0.963 |
59 |
0.983 |
0.986 |
0.989 |
0.992 |
0.994 |
0.997 |
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