# The Redundant Association Officers Compensation (Amendment) Regulations 1968, Schedule THE


TABLE I
Table showing the capital of an annual amount of £1 payable for life
Age
Capital value of £1 per annum payable for life
Female
Male
£ s. d.
£ s. d.
Under 35
15 11 0
15 3 0
35 and under 40
15 2 0
14 12 0
40 and under 45
14 11 0
13 19 0
45 and under 50
13 18 0
13 2 0
50
13 9 0
12 11 0
51
13 5 0
12 7 0
52
13 2 0
12 3 0
53
12 18 0
11 18 0
54
12 14 0
11 14 0
55
12 10 0
11 9 0
56
12 6 0
11 5 0
57
12 2 0
11 0 0
58
11 18 0
10 15 0
59
11 13 0
10 10 0
60
11 8 0
10 5 0
61
11 4 0
10 0 0
62
10 19 0
9 14 0
63
10 14 0
9 9 0
64
10 8 0
9 3 0
65
10 3 0
8 18 0
66
9 18 0
8 12 0
67
9 12 0
8 7 0
68
9 7 0
8 1 0
69
9 1 0
7 16 0
70
8 15 0
7 10 0
NOTE:—This table is for use in connection with Regulations 33(1) and (2) of the principal Regulations for the compounding of annual retirement compensation which a person is currently entitled to receive under Regulation 19, 20, 25, or 26 of those Regulations.
TABLE II
Table showing the annual amount payable for life equivalent in value to a lump sum of £100
Age
Annual sum, payable for life, equal in value to a lump sum of £100
Female
Male
£ s. d.
£ s. d.
Under 35
6 8 7
6 12 0
35 and under 40
6 12 5
6 17 0
40 and under 45
6 17 5
7 3 4
45 and under 50
7 3 11
7 12 8
50
7 8 8
7 19 4
51
7 10 11
8 1 11
52
7 12 8
8 4 7
53
7 15 0
8 8 1
54
7 17 6
8 10 11
55
8 0 0
8 14 8
56
8 2 7
8 17 9
57
8 5 3
9 1 10
58
8 8 1
9 6 0
59
8 11 8
9 10 6
60
8 15 5
9 15 1
61
8 18 7
10 0 0
62
9 2 8
10 6 2
63
9 6 11
10 11 8
64
9 12 4
10 18 7
65
9 17 0
11 4 9
66
10 2 0
11 12 7
67
10 8 4
11 19 6
68
10 13 11
12 8 5
69
11 1 0
12 16 5
70
11 8 7
13 6 8
NOTE:—This table is for use in connection with Regulation 33(2) of the principal Regulations for calculating for the purposes of that paragraph the annual value of retirement compensation awarded as a lump sum.
TABLE III
Table showing, according to the outstanding period of long-term compensation, the capital value of each £100 of the total amount of long-term compensation compounded
Outstanding number of complete years of long-term compensation
Capital value of each £100 of the total amount of long-term compensation
Female
Male
£ s. d.
£ s. d.
0
98 8 0
98 4 0
1
95 4 0
94 16 0
2
92 2 0
91 10 0
3
89 4 0
88 6 0
4
86 8 0
85 8 0
5
83 16 0
82 14 0
6
81 6 0
80 2 0
7
78 18 0
77 14 0
8
76 14 0
75 8 0
9
74 12 0
73 4 0
10
72 12 0
71 4 0
11
70 12 0
69 6 0
12
68 16 0
67 10 0
13
67 0 0
65 14 0
14
65 6 0
64 2 0
15
63 14 0
62 10 0
16
62 2 0
61 0 0
17
60 12 0
59 12 0
18
59 4 0
58 4 0
19
57 16 0
56 18 0
20
56 10 0
55 12 0
21
55 4 0
54 8 0
22
54 0 0
53 4 0
23
52 16 0
52 0 0
24
51 12 0
50 18 0
25
50 10 0
49 18 0
26
49 8 0
48 18 0
27
48 8 0
47 18 0
28
47 8 0
46 18 0
29
46 8 0
45 18 0
30
45 10 0
45 0 0
NOTE:—This table is for use in connection with Regulation 33(1) and (2) of the principal Regulations for compounding awards of long-term compensation under Part IV of those Regulations. The total amount of the annual long-term compensation which is to be compounded must first be calculated, i.e. the amount which the person would receive on account of that compensation, or the part of it which is to be compounded, if it were paid until “normal retiring age” (as defined in the Regulations). For each £100 so calculated, the lump sum payment will be the amount shown in the table according to the number of complete years in the period between the date of compounding and “normal retiring age”.

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Source: https://www.legislation.gov.uk/uksi/1968/1701/schedule (the official version)
Page: https://openlegislation.uk/redundant-association-officers-compensation-amendment-regulations-1968/schedule
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.