|
| Officers | Other ranks
|
Average age at entry to the scheme: |
| Age 22 | Age 19
|
Withdrawal rates before Immediate Pension point
age related rates
specimen at rates
| Age:
25
30
35
|
4.5%
4.5%
1.25%
|
12.5%
12.5%
4%
|
Withdrawal rates after Immediate Pension point:
| Age related rates up to full career point
| See response to Question 13 for further details
|
Death in service rates: specimen age rates |
Age
25
30
35 |
0.12%
0.12%
0.12%
|
0.09%
0.08%
0.08%
|
Ill-health early retirement: Specimen age rates
| Age
25
30
35
|
0.2%
0.2%
0.2%
|
0.4%
0.4%
0.4%
|
Salary/Career Progression: |
| Separate scales developed for Officers and Other ranks based on expected career progression. Officers pay assumed to constitute 25 per cent of total pensionable payroll
|
Pensioner Mortality: |
| Derived from standard tables. For retirements in normal health the mortality of Officers is assumed to be four years lighter than that of Other Ranks
|