There are 15 tables associated with this guidance note, listed in the table below, which shows:
- Table ID - the name assigned to the table of factors in the Consolidated Factor Workbook.
- Alternative table ref. - this shows the name assigned to the tables of factors in our guidance notes prior to the introduction of the Consolidated Factor Workbook and may still be referred to in the explanations of the formulae within this guidance.
- Factor Type, Section, Description, Gender - give information about the tables of factors so that you can verify that the appropriate table is being used for the circumstances of the case
Table ID | Alternative table ref. | Factor type | Section | Description | Gender |
1-405 | P1ER60PEN1 | ERF | Classic and Premium | Early retirement direct from service and/or over age 55 - Classic and Premium NPA 60 members - Factors for calculating the actuarially reduced pension | Unisex |
1-406 | P1ER60LS1 | ERF | Classic | Early retirement direct from service and deferred status over age 55 - Classic NPA 60 members - Factors for calculating the actuarially reduced lump sum | Unisex |
1-407 | P1ER60PEN2 | ERF | Classic and Premium | Early retirement from deferment and under 55 - Classic and Premium NPA 60 members - Factors for calculating the actuarially reduced pension | Unisex |
1-408A | P1ER60LS2 - Table B | ERF | Classic | Early retirement from deferment and under 55 - Classic NPA 60 members - Factors for calculating the actuarially reduced lump sum | Unisex |
1-408B | P1ER60LS2 - Table C | ERF | Classic | Early retirement from deferment and under 55 - Classic NPA 60 members - Factors for calculating the actuarially reduced lump sum | Unisex |
1-409 | P1ER65PEN1 | ERF | Classic and Premium | Early retirement direct from service or deferred status over age 55 - Classic and Premium NPA 65 members - Factors for calculating the actuarially reduced pension | Unisex |
1-410 | P1ER65LS1 | ERF | Classic | Early retirement direct from service and/or over age 55 - Classic NPA 65 members - Factors for calculating the actuarially reduced lump sum | Unisex |
1-411A | P1ER65PEN2 | ERF | Classic and Premium | Early retirement from deferment and under 55 - Classic and Premium NPA 65 members - Factors for calculating the actuarially reduced pension | Unisex |
1-412A | P1ER65LS2 - Table B | ERF | Classic | Early retirement from deferment and under 55 - Classic NPA 65 members - Factors for calculating the actuarially reduced lump sum | Unisex |
1-412B | P1ER65LS2 - Table C | ERF | Classic | Early retirement from deferment and under 55 - Classic NPA 65 members - Factors for calculating the actuarially reduced lump sum | Unisex |
1-413 | P1ER65NUV | ERF | Nuvos | Early retirement from nuvos scheme | Unisex |
1-421 | P1AANUV1 | LRF | Nuvos | Age addition factors in Nuvos - for use with all descriptions of pension where a contingent spouse’s pension is payable. | Unisex |
1-422 | P1AANUV2 | LRF | Nuvos | Age addition factors in Nuvos - for use with pension where no contingent spouse’s pension is payable e.g. contributed (self only) pension. | Unisex |
1-423 | P1LPSNUV1 | LRF | Nuvos | Late payment supplement factors in Nuvos – for use where member’s and contingent partner’s pension will receive a LPS | Unisex |
1-424 | P1LPSNUV2 | LRF | Nuvos | Late payment supplement factors in Nuvos - for use where the LPS applies only to the member’s pension e.g. contributed (self only) pension. | Unisex |