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Select Committee on Northern Ireland Affairs Minutes of Evidence


Annex B

EXAMPLES OF PAYMENTS PAID UNDER STAFF REDUCTION PROGRAMME:

OVER 55

Grade, Age and Service
Annual Pension Payable on Retirement
Lump Sum Payable on Retirement
Principal Officer, Age 57, 30 years
16,654.17
87,736.66

AGED 50 < 55

Grade, Age and Service
Annual Pension Payable on Early Retirement
Lump Sum Payment Paid on Early Retirement
Principal Officer, Age 54, 27 years
14,835.15
115,433.78
Senior Officer, Age 51, 25 years
14,252.68
117,690,28
Basic Grade Officer, Age 52, 25 years
12,838.23
105,977.08

UNDER 50

Grade, Age and Service
Annual Pension Preserved Payable From Age 60
Lump Sum Preserved Payable from Age 60
Lump Sum Payment Paid at Early Severence
Principal Officer, Age 46, 25 years
13,596.72
40,790.17
251,963.31
Senior Officer, Age 48, 26 years
13,129.86
39,389.58
231,199.91
Basic Grade Officer, Age 48, 24 years
11,609.48
32,894.60
207,028.02
Basic Grade Officer, Age 39, 15 years
9,971.71
27,173.29
121,047.35




 
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Prepared 28 February 2001