How is an ill health pension and lump sum calculated?
Ill health pensions [1] and lump sums [2] are calculated in the normal way, except that the total membership [3] 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 |