3AAge factor

3A Age factor

(1) For subsection 6C(4) of the Act, the age factor is worked out using the following formula: Start formula start fraction a start subscript y end subscript times open bracket 365 minus d close bracket plus a start subscript y plus 1 end subscript times d over 365 end fraction end formula where:

ay is the factor mentioned in Schedule 1A that applies to the Judge’s gender and age on retirement.

ay+1 is the factor mentioned in Schedule 1A that applies to the Judge’s gender and age, as if the Judge were 1 year older on retirement.

d is the number of days starting at the start of the day after the Judge’s last birthday and ending at the end of the day he or she retires.

Note: d is equal to zero if the Judge retires on his or her birthday.

(2) In this regulation:

age is taken to be the Judge’s age at his or her last birthday before or on retirement.