Paragraph 2 Basis for calculating the liabilities of the RMPPI1I2

using the standard actuarial method known as the projected accrued benefit method;

on the basis of the financial assumptions in Schedule 2;

on the basis of the demographic assumptions in Schedule 3;

by reference to the applicable trust deed and rules governing the RMPP and membership as provided for in paragraph 11;

without reference to any liabilities in respect of money purchase benefits; and

including provision for members’ contractual added years purchased by the payment of additional voluntary contributions.