These factors are used to increase the benefits of 2015 scheme members who do not retire once they reach their NPA.

An age addition should be calculated at the start of the scheme year (the calculation date) for an active member who was over NPA during the previous scheme year.

Eligibility for age addition should be checked against the provisions in the regulations.

There are separate age additions required for the opening balance in each of the member's pension accounts (i.e. standard earned pension, club transfer earned pension, transferred pension and added pension).

This guidance does not supply the factors required to calculate the age addition applicable to pension accounts in respect of Club transfers from other public service pension schemes or for members who retire over the age of 70. If such a case arises, the details should be forwarded to the DOH NI.

The age addition arising from each opening balance should be calculated in line with the following formula:

Age addition = Opening balance from previous scheme year x F

where:

Opening balance from previous scheme year = taken from the relevant pension account, without any allowance for revaluation over the scheme year.

F = age addition factor chosen by reference to the member's age in complete years and months at the start of the current scheme year (i.e. the calculation date) and taken from the table applicable to the relevant pension account, as shown below:

Each opening balance for the current scheme year should then be calculated, including the age additions calculated as above.

This note covers the assumed age addition to apply to a member's benefits if they retire after their NPA.

An assumed age addition should be calculated at retirement for active members who retire at least one month after reaching NPA.

The assumed age addition is applied to the member's retirement account.

The assumed age addition is calculated by reference to the member's opening balance from the scheme year in which they leave active service.

There are separate age additions made in respect of the opening balances for each of the member's pension accounts (i.e. standard earned pension, club transfer earned pension, transferred pension and added pension).

This guidance does not supply the factors required to calculate the age addition applicable to pension accounts in respect of Club transfers from other public service pension schemes or for members who retire from active service after age 70. If such a case arises, the details should be forwarded to the DOH NI.

The assumed age addition arising from each opening balance should be calculated in line with the following formula:

Assumed age addition = Opening balance in leaving scheme year x F

where:

Opening balance in leaving scheme year should be taken from the relevant pension account at the start of the leaving scheme year, without any allowance for revaluation over the scheme year.

F is the age addition factor which should be chosen by reference to the term in complete months between the start of the Scheme Year of leaving or retirement (or normal pension age if later) and the date of leaving or retirement i.e. the date when the relevant deferred member's account or retirement account is established. The factor is taken from the relevant pension account, as shown below:

Commutation takes place after the age addition has been applied on the establishment of a retirement account.

Each amount of accrued pension specified in the retirement account should then be calculated including the assumed age additions calculated as above.