Regulation 107 Contributions by retired FPJAYS members
The contribution to the FPJAYS for a retired FPJAYS member (“R”) must be made by lump sum payment to the administrators, within 12 months of the date on which R served notice under regulation 104(2).
The total contribution to the FPJAYS which R must make is to be calculated in accordance with this regulation, subject to the limit on the level of contributions in regulation 108.
Where on the date R retired, R had a spouse, civil partner or qualifying child, the contribution is to be determined in accordance with the formula—
where—
- (a)
A is the relevant benefits figure (see paragraph (4));
- (b)
B is the amount of reckonable service which R accrued in the period beginning with the assumed contribution commencement date and ending with the date on which R retired, calculated in accordance with regulation 5(1) as though paragraph (2) of that regulation does not apply;
- (c)
C is the total of the fees paid to R in respect of qualifying fee-paid days in the period referred to in B;
- (d)
D is the number of added years R would like to purchase.
The relevant benefits figure is determined by taking the following steps—
Step 1
-
Use the salary which would have been R’s appropriate annual salary on the assumed contribution commencement date (or if R held more than one eligible fee-paid judicial office on that date, the salary which would have been the highest appropriate annual salary) if R had retired on that date to determine which is the applicable salary group for R specified in Table 1.
Step 2
-
From the part of Table 1 for R’s salary group, determine which entry in column 1 describes the period referred to in B (ignoring the heading of the column).
Step 3
-
Add together the personal benefits and family benefits percentage figures corresponding to the entry in column 1 referred to in Step 2.
Where R did not have a spouse, civil partner or qualifying child at any point in the period beginning with R’s assumed contribution commencement date and ending with the date R retired, the contribution is to be determined in accordance with paragraphs (3) and (4) as if Step 3 were— “Use the personal benefits figure corresponding to the entry in column 1 referred to in Step 2”.
Where R did not have a spouse, civil partner or qualifying child on the date on which R retired, but did at some point in the period beginning with the assumed contribution commencement date and ending with the date R retired, the contribution due is to be determined in accordance with the formula where—
E is the contribution for the period beginning with R’s assumed contribution commencement date and ending with the date on which R last had a spouse, civil partner or qualifying child, determined in accordance with paragraphs (3) and (4), as if in paragraph (3)(c), “C” refers to the total of fees paid to R in respect of qualifying fee-paid days in that period;
F is the contribution for the period beginning with the day after the date R last had a spouse, civil partner or qualifying child (“the start date”) and ending with the date R retired, determined in accordance with paragraph (5) as if the period referred to in paragraph (3)(c) as applied in paragraph (5) started on the start date.