Paragraph 17 Amount of payment: long service commitment – leaves before AFPS 1975 redundancy pointI1
United Kingdom
This paragraph applies to an eligible person who—
had their service continued to the end of their commitment period, would have served to age 60 or become entitled to EDP 2015 payments, and
actually ceases service before serving 18 years after having reached age 18 or (in the case of officers only) 16 years after having reached age 21,
and in this paragraph references to service are to redundancy qualifying service.
The amount payable under paragraph 8(1) is comprised of an AFRS 2010 style payment and an AFRS 2020 style payment.
The AFRS 2010 style payment is calculated as follows—
Step 1:
-
where—
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F is final relevant earnings, and
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TS is total service.
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Step 2: take the result of step 1 and multiply by .
-
where—
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RRS is the person’s AFRS 2010 redundancy reckonable service, and
-
TS is total service.
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The AFRS 2020 style payment is calculated as follows—
Step 1: 10.2% x F x TS
-
where—
-
F is final relevant earnings, and
-
TS is total service.
-
Step 2: take the result of step 1 and multiply by
where—
-
Q is redundancy qualifying service, and
-
TS is total service.
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Annotations
Commencement
- I1
Sch. para. 17 in force at 1.1.2021, see art. 1(b)