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Police Service of Northern Ireland and Police Service of Northern Ireland Reserve (Full-Time) (Severance) Regulations 2003

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1.—(1) A member who is not of ACPO rank and is aged 50 years or over on date of leaving, shall be entitled to a lump sum calculated by multiplying his annual pensionable pay at the date of leaving by the appropriate lump sum factor as outlined in the following tables:

(a) Compulsory Retirement age of 55

Age505152535455 or over
Months0-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-11
Lump sum Factor2 1/22 3/82 1/42 1/821 7/81 3/41 5/81 1/21 3/81 1/41 1/817/83/45/81/21/21/21/21/2*1/2*1/2*1/2*

(b) Compulsory Retirement age of 57

Age (“X”)5051525354555657 or over
Months0-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-11
Lump sum Factor2 3/42 11/162 10/162 9/162 1/22 7/162 6/162 5/162 1/42 3/162 2/162 1/1621 7/81 3/41 5/81 1/21 3/81 1/41 1/817/83/45/81/21/21/21/21/2*1/2*1/2*1/2*

(c) Compulsory Retirement age of 60

Age (“X”)5051525354555657585960+
Months0-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-110-23-56-89-11
Lump sum Factor32 15/162 14/162 13/162 3/42 11/162 10/162 9/162 1/22 7/162 6/162 5/162 1/42 3/162 2/162 1/1621 15/161 14/161 13/161 3/41 11/161 10/161 9/161 1/21 7/161 6/161 5/161 1/41 3/161 2/161 1/1617/83/45/81/23/81/41/80000

(2) In the tables in sub-paragraph (1), the lump sum factors marked with an asterisk (*) are available only for the first two years after the date these Regulations came into effect.

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