APPENDIX 1: LIMITS ON THE NUMBER OF ADDED YEARS
WHICH MAY BE BOUGHT |
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(Rule 3.17) |
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| 1. |
Subject to paragraph 4, the maximum amount of added
years which may be bought depends on the length of the member’s
prospective service up to his retiring age, calculated at the
date his employment began (in years and fractions of a year, with
each day after a whole number of years counting as 1/365th of
a further year); and on the benefits (if any) to which he is entitled
by virtue of earlier service under another occupational pension
scheme. Where a member has had a period of unpaid non-reckonable
service, that period will not form part of his prospective service.
For the purpose of this Appendix, the prospective pensionable
service of an employee whose conditions of employment during his
current period of service has not required attendance each week
for 30 hours or more will be determined as if he were a full-time
employee.
In the case of an employee whose current period of service
has included a period or periods of service under conditions
of employment requiring attendance each week of 30 hours or more
and a period or periods of service under conditions of employment
requiring attendance each week of less than 30 hours, his prospective
pensionable service may be determined as if he were a full-time
employee or, if it would enable him to purchase more added years,
it may be calculated as the sum of his actual reckonable service
at the time he opts to buy added years and his projected service
from that time to retiring age.
For this purpose "projected service" shall be determined
as if the employee were a full-time employee and reduced in the
same proportion that his hours of attendance under his conditions
of employment at the time he opts to buy added years bear to what
would have been had the service been given in a full-time capacity.
In certain circumstances,
where the limits laid down from time to time by the HM Revenue and Customs for approved occupational schemes would allow added years to be
bought up to a different maximum from that specified in the following
paragraphs, the maximum may be increased or decreased accordingly. |
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| 2. |
A member whose total prospective service at retiring
age is less than 8 years may not buy any added years under paragraph
1. |
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| 3. |
Subject to Rule 3.17 and to the provisions of this Appendix,
the maximum amount of added years under Paragraph 1 which may be bought
is determined by reference to the following table (in which "n"
means the fraction of a year representing the number of days of prospective
service up to retiring age in excess of a whole number of years): |
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Prospective
Service up to the
member’s retiring age |
Maximum added years
which may be bought |
| 8 |
NIL |
| 8+N |
N |
| 9 |
1 |
| 9+N |
1+N |
| 10 |
2 |
| 10+N |
2+N |
| 11 |
3 |
| 11+N |
3+N |
| 12 |
4 |
| 12+N |
4+N |
| 13 |
5 |
| 13+N |
5 + (N x 2) |
| 14 |
7 |
| 14+N |
7 + (N x 2) |
| 15 |
9 |
| 15+N |
9 + (N x 2) |
| 16 |
11 |
| 16+N |
11 + (N x 2) |
| 17 |
13 |
| 17+N |
13 + (N x 2) |
| 18 |
15 |
| 18+N |
15 + (N x 2) |
| 19 |
17 |
| 19+N |
17 + (N x 3) |
| 20 |
20 |
| More than 20 |
40 less the prospective
service |
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| 4. |
The maximum amount of added years that a member who
has made an option under Rule 3.17(2) may buy depends upon his age
on entry to the service of his employer. This is so for a part-time
as well as a full-time member. Subject to Rule 3.17(2) and paragraph
5 of this Appendix, the maximum amount is determined by reference
to the following table:
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Exact
age
on entry |
Maximum
Number
of Added Years |
Exact age
on Entry |
Maximum
Number
of Added Years |
| 20 or less |
0 |
40 |
20 |
| 21 |
1 |
41 |
19 |
| 22 |
2 |
42 |
18 |
| 23 |
3 |
43 |
17 |
| 24 |
4 |
44 |
16 |
| 25 |
5 |
45 |
15 |
| 26 |
6 |
46 |
14 |
| 27 |
7 |
46 |
13 |
| 28 |
8 |
47 |
12 |
| 29 |
9 |
48 |
11 |
| 30 |
10 |
49 |
10 |
| 31 |
11 |
50 |
9 |
| 32 |
12 |
51 |
8 |
| 33 |
13 |
52 |
7 |
| 34 |
14 |
53 |
6 |
| 35 |
15 |
54 |
5 |
| 36 |
16 |
55 |
4 |
| 37 |
17 |
56 |
3 |
| 38 |
18 |
57 |
2 |
| 39 |
19 |
58 |
1 |
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| The number of added years may be interpolated for non-integral
ages at entry. |
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| 5. |
For a member who is entitled to benefits for earlier
service under another occupational pension scheme, the maximum amount
of added years which he may buy is the smaller of: |
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(i) |
the amount of added years derived under paragraph
3 or 4; and |
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(ii) |
the amount by which 40 exceeds the total of the
following: |
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(a) |
the length of his prospective service in
the Scheme; |
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(b) |
the amount of his reckonable back service credit
for the previous scheme; and |
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(c) |
where he has retained benefits in the previous scheme,
the length of service in that scheme to which the benefits relate. |
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