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Pension Calculator Tools

 Pension Formulae (Latin~Plural) Tools
 The Formulae
S.I.No:129 Schedule 2 ~ Personal Awards Pages ~ 44-46. Go Here:
 Counting Service
Rule A7 and its simple formula, ‘Reckoning of service for purposes of awards’ is the applicable Rule; Go Here;

• The principle is that you count as many 60ths of APP towards your basic ill health pension as you
would for an ordinary pension:

            1/60th of APP for each year of service up to 20, plus

            2/60ths of APP for each year of service over 20.

• In addition you count an extra 7/60ths of APP (“ill-health enhancement”) if you have 5 years’ service or more; if discharged under Rule B3 ill-health.

• Official Quote

length of pensionable service (1)          No of 60ths of APP Counbting for Pension (2)

less than 5 years                              1 for each year (but never less than 1/60th);

5-10 years                                          2 for each year plus 7/60ths for ill-health discharge;

10-13 years                                        20 ;

More than 13 years                           7/60ths plus 1 for each year up to 20 and 2 for each year over 20.

 Pension Calculator Tools On Line
Counting years,Weeks, & Days:  Go Here.

Convert days to decimal point years: Go Here.

Days between two Dates :            Go Here.

List of Leap Years:                        Go Here.

Fractions to Decimal Calculator: Go Here.

Compound Interest Calculator:   Go Here.

Simple Maths Calculator:             Basic Calculator.

On Part decimals do not forget to ’round up’.