Retirement Savings Accounts Regulations 1997

SCHEDULE 4  

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Paragraph 1.07(3A)(b)


PAYMENTS FOR MARKET LINKED PENSIONS

SECTION 11.  

11.    

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For the financial years commencing on 1 July 2011 and 1 July 2012, an amount is taken to have been determined in accordance with clause 1 if the amount is:

(a)    not less than 67.5% of the amount determined in accordance with clause 1 ; and

(b)    not greater than 110% of the amount determined in accordance with clause 1 .

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Table
Table
Table
Item Term of pension remaining rounded in whole years Payment factor
1 70 or more 26.00
2 69 25.91
3 68 25.82
4 67 25.72
5 66 25.62
6 65 25.52
7 64 25.41
8 63 25.30
9 62 25.19
10 61 25.07
11 60 24.94
12 59 24.82
13 58 24.69
14 57 24.55
15 56 24.41
16 55 24.26
17 54 24.11
18 53 23.96
19 52 23.80
20 51 23.63
21 50 23.46
22 49 23.28
23 48 23.09
24 47 22.90
25 46 22.70
26 45 22.50
27 44 22.28
28 43 22.06
29 42 21.83
30 41 21.60
31 40 21.36
32 39 21.10
33 38 20.84
34 37 20.57
35 36 20.29
36 35 20.00
37 34 19.70
38 33 19.39
39 32 19.07
40 31 18.74
41 30 18.39
42 29 18.04
43 28 17.67
44 27 17.29
45 26 16.89
46 25 16.48
47 24 16.06
48 23 15.62
49 22 15.17
50 21 14.70
51 20 14.21
52 19 13.71
53 18 13.19
54 17 12.65
55 16 12.09
56 15 11.52
57 14 10.92
58 13 10.30
59 12 9.66
60 11 9.00
61 10 8.32
62 9 7.61
63 8 6.87
64 7 6.11
65 6 5.33
66 5 4.52
67 4 3.67
68 3 2.80
69 2 1.90
70 1 or less 1.00

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