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Answer:
Pensions Increase factors can be found in our References section.
The average salary is calculated using the best three consecutive re-valued earnings in the last ten years before retirement.
Members in the final salary scheme were permitted to two phased retirements before taking final retirement. Members active in the career average scheme may take up to three phased retirements before taking final retirement (though no more than two can be taken before age 60).
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