How is an ill health pension and lump sum calculated?
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Ill health pensions and lump sums are calculated in the normal way, except that the total membership used in the calculation will be increased if your total membership is five years or more. This is to reflect that you are having to retire early.
Total Membership
|
Total Membership after Increase Awarded
|
---|---|
Less than 5 years
|
|
Between 5 and 10 years
|
Total membership doubled
|
Between 10 and 131/3 years
|
Total membership increased to 20 years
|
Over 13 1/3 years | Total membership increased by 6 2/3 years |