PART IIseverance lump sums
1.—(1) A member who is not of ACPO rank and is aged 50 years or over on date of leaving, shall be entitled to a lump sum calculated by multiplying his annual pensionable pay at the date of leaving by the appropriate lump sum factor as outlined in the following tables:
(a) Compulsory Retirement age of 55
Age | 50 | 51 | 52 | 53 | 54 | 55 or over | ||||||||||||||||||
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Months | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 |
Lump sum Factor | 2 1/2 | 2 3/8 | 2 1/4 | 2 1/8 | 2 | 1 7/8 | 1 3/4 | 1 5/8 | 1 1/2 | 1 3/8 | 1 1/4 | 1 1/8 | 1 | 7/8 | 3/4 | 5/8 | 1/2 | 1/2 | 1/2 | 1/2 | 1/2* | 1/2* | 1/2* | 1/2* |
(b) Compulsory Retirement age of 57
Age (“X”) | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 or over | ||||||||||||||||||||||||
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Months | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 |
Lump sum Factor | 2 3/4 | 2 11/16 | 2 10/16 | 2 9/16 | 2 1/2 | 2 7/16 | 2 6/16 | 2 5/16 | 2 1/4 | 2 3/16 | 2 2/16 | 2 1/16 | 2 | 1 7/8 | 1 3/4 | 1 5/8 | 1 1/2 | 1 3/8 | 1 1/4 | 1 1/8 | 1 | 7/8 | 3/4 | 5/8 | 1/2 | 1/2 | 1/2 | 1/2 | 1/2* | 1/2* | 1/2* | 1/2* |
(c) Compulsory Retirement age of 60
Age (“X”) | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60+ | |||||||||||||||||||||||||||||||||
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Months | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 |
Lump sum Factor | 3 | 2 15/16 | 2 14/16 | 2 13/16 | 2 3/4 | 2 11/16 | 2 10/16 | 2 9/16 | 2 1/2 | 2 7/16 | 2 6/16 | 2 5/16 | 2 1/4 | 2 3/16 | 2 2/16 | 2 1/16 | 2 | 1 15/16 | 1 14/16 | 1 13/16 | 1 3/4 | 1 11/16 | 1 10/16 | 1 9/16 | 1 1/2 | 1 7/16 | 1 6/16 | 1 5/16 | 1 1/4 | 1 3/16 | 1 2/16 | 1 1/16 | 1 | 7/8 | 3/4 | 5/8 | 1/2 | 3/8 | 1/4 | 1/8 | 0 | 0 | 0 | 0 |
(2) In the tables in sub-paragraph (1), the lump sum factors marked with an asterisk (*) are available only for the first two years after the date these Regulations came into effect.
2. A member who is not of ACPO rank, who is aged below 50 years on date of leaving and who is entitled to an immediate pension will be entitled to a lump sum calculated by multiplying his annual pensionable pay at the date of leaving by the appropriate lump sum factor as outlined in the following table:
Compulsory Retirement Age | 55 | 57 | 60 |
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Lump Sum factor | 2 1/2 | 2 3/4 | 3 |
3. A member who is not of ACPO rank, who is aged below 50 years on date of leaving and who is not entitled to an immediate pension but has served at least 5 years shall be entitled to a lump sum calculated by multiplying his annual pensionable pay by the appropriate lump sum factor based on his number of years as a member:
Years of RUC Service (“X”) | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12+ | |||||||||||||||||||||
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Months | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | |
Lump sum Factor | 1 1/4 | 1 5/16 | 1 6/16 | 1 7/16 | 1 1/2 | 1 9/16 | 1 10/16 | 1 11/16 | 1 3/4 | 1 13/16 | 1 14/16 | 1 15/16 | 2 | 2 1/16 | 2 2/16 | 2 3/16 | 2 1/4 | 2 5/16 | 2 6/16 | 2 7/16 | 2 1/2 | 2 9/16 | 2 10/16 | 2 11/16 | 2 3/4 | 2 13/16 | 2 14/16 | 2 15/16 | 3 |
4.—(1) A member who is of ACPO rank on date of leaving shall be entitled to a lump sum calculated by multiplying his annual pensionable pay by the appropriate lump sum factor as outlined in the following table:
Years left until expiry of FTA (“X”) | 7 | 6 | 5 | 4 | 3 | 2 | 1 | Officer on 1 year extension | ||||||||||||||||||||||||
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Months | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 | 0-2 | 3-5 | 6-8 | 9-11 |
Lump sum Factor | 2 3/4 | 2 11/16 | 2 10/16 | 2 9/16 | 2 1/2 | 2 7/16 | 2 6/16 | 2 5/16 | 2 1/4 | 2 3/16 | 2 2/16 | 2 1/16 | 2 | 1 7/8 | 1 6/8 | 1 5/8 | 1 1/2 | 1 3/8 | 1 2/8 | 1 1/8 | 1 | 7/8 | 3/4 | 5/8 | 1/2 | 1/2 | 1/2 | 1/2 | 1/2* | 1/2* | 1/2* | 1/2* |
(2) In the table in sub-paragraph (1), the lump sum factor marked with an asterisk (*) is available only for the first two years of the scheme, from the date of coming into operation of these Regulations.
5. Any member of the Force leaving under the terms of the scheme shall also be entitled to an additional lump sum equivalent to one twelfth of his annual pensionable pay at the date of leaving.