# The Railway Pensions (Transfer and Miscellaneous Provisions) Order 1994, Part IV


TABLE 1
Pay progression arising from seniority and promotional increases
Probability of dying in service
Probability of voluntary withdrawal with deferred benefits
Probability of retiring on ill-health grounds with immediate pension and lump sum
Probability of voluntary early retirement with immediate pension and lump sum at rate in Table 2
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Age
Males
Females
Males
Females
Males
Females
Males
Females
Males
Females
20
105
105
0.0006
0.0003
0.0860
0.1050
0.0000
0.0000
0.0000
0.0000
25
133
133
0.0008
0.0003
0.0710
0.1470
0.0005
0.0001
0.0000
0.0000
30
149
149
0.0008
0.0003
0.0560
0.0990
0.0014
0.0009
0.0000
0.0000
35
164
164
0.0008
0.0005
0.0455
0.0750
0.0024
0.0020
0.0000
0.0000
40
174
174
0.0013
0.0008
0.0380
0.0600
0.0037
0.0041
0.0000
0.0000
45
184
184
0.0027
0.0013
0.0305
0.0450
0.0050
0.0073
0.0000
0.0000
50
190
190
0.0045
0.0021
0.0000
0.0000
0.0082
0.0126
0.0180
0.0400
55
194
194
0.0070
0.0035
0.0000
0.0000
0.0143
0.0214
0.0600
0.1100
60
194
194
0.0103
0.0058
0.0000
0.0000
0.0000
0.1500
61
194
194
0.0110
0.0000
0.0000
0.0000
0.1600
62
194
194
0.0118
0.0000
0.0000
0.0000
0.2000
63
194
194
0.0126
0.0000
0.0000
0.0000
0.2700
64
194
194
0.0135
0.0000
0.0000
0.0000
0.4000 Values for intermediate ages shall be taken to be intermediate.
TABLE 2
Factor to be applied to service completed in calculating immediate pension and lump sum for those retiring early otherwise than on grounds of ill-health.
(1)
(2)
Age
Males
Females
50
0.7500
0.7500
51
0.7800
0.7800
52
0.8100
0.8100
53
0.8400
0.8400
54
0.8700
0.8700
55
0.9000
0.9000
56
0.9200
0.9200
57
0.9400
0.9400
58
0.9600
0.9600
59
0.9800
0.9800
60
1.0000
1.0000
61
1.0000
62
1.0000
63
1.0000
64
1.0000
TABLE 3
Determination of probability of death at age shown of pensioners who retired or are assumed to retire on ill-health grounds
(1)
(2)
Age
Number Survivors
Number Survivors
Male
Female
per 1,000,000 lives at age 16.
1. Values for intermediate ages shall be taken to be intermediate.
2. In the case of those accruing benefits immediately before 1st October 1994, the age used should be one year less than their real age.
20
958,269
922,368
25
908,546
833,748
30
861,404
753,642
35
815,057
681,232
40
766,847
615,780
45
711,175
556,616
50
640,872
503,137
55
551,406
454,796
60
449,212
407,962
65
341,909
361,300
70
238,248
317,041
75
148,433
259,530
80
79,785
184,861
85
35,365
104,876
90
11,172
41,818
95
1,763
10,072
100
70
1,270
105
0
68
110
0
0
TABLE 4
Proportions married at death and the difference between the age of the former member and his or her spouse
Age
Male Former Members
Female Former Members
Proportion married
Difference between former member’s age and spouse’s age
Proportion married
Difference between former member’s age and spouse’s age
1. Values for intermediate ages shall be taken to be intermediate.
2. For ages beyond the assumed vesting date of the member’s pension the proportion married at death shall be taken to be the proportion at the vesting date, reduced in line with the spouse’s assumed mortality over the subsequent period.
3. It shall be assumed that husbands were older than their wives.
20
0.050
0.0
0.600
3.0
25
0.500
1.0
0.600
3.0
30
0.750
1.5
0.600
3.0
35
0.850
2.0
0.600
3.0
40
0.875
2.5
0.600
3.0
45
0.875
3.0
0.600
3.0
50
0.875
3.0
0.600
3.0
55
0.875
3.0
0.600
3.0
60
0.875
3.0
0.600
3.0
65
0.875
3.0
0.600
3.0

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Source: https://www.legislation.gov.uk/uksi/1994/2005/schedule/1/part/IV (the official version)
Page: https://openlegislation.uk/railway-pensions-transfer-and-miscellaneous-provisions-order-1994/schedule-1/part-IV
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.