The Passenger Transport (Compensation to Officers) Regulations 1970

Regulation 2(2)

SCHEDULE

TABLE I

Table showing the capital value 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 regulation 36(1) and (2) for the compounding of annual retirement compensation which a person is currently entitled to receive under regulation 20, 21, 22 or 23. Where the compensation is payable before age 60 (females), 65 (males) but will be reduced on the attainment of that age (in connection with National Insurance pension) the table should be used in conjunction with Table II, i.e. Table II should be used for valuing that part of the compensation which ceases to be payable at age 60 or 65 as the case may be and this table should be used for valuing the remainder.

TABLE II

Table showing the capital value of an amount of £1 per annum ceasing at age 60 (females), 65 (males)

Age	Capital Value
	Female	Male
	£ s. d.	£ s. d.
Under 35	13 8 0	14 2 0
35 and under 40	12 5 0	13 3 0
40 and under 45	10 14 0	11 19 0
45 and under 50	8 13 0	10 8 0
50	7 3 0	9 6 0
51	6 12 0	8 18 0
52	6 0 0	8 9 0
53	5 7 0	7 19 0
54	4 13 0	7 10 0
55	3 18 0	6 19 0
56	3 3 0	6 8 0
57	2 6 0	5 17 0
58	1 9 0	5 4 0
59	10 0	4 11 0
60	—	3 17 0
61	—	3 2 0
62	—	2 6 0
63	—	1 8 0
64	—	10 0

NOTE:—This table is for use in connection with regulation 36(1) and (2) for the compounding of any part of annual retirement compensation which will cease to be payable on the attainment of age 60 (females), 65 (males). Table I should be used in relation to the remainder of such compensation, i.e. the part which is payable for life—see note on that table.

TABLE III

Table showing the capital value of an annual amount of £1 payable to a widow until death or remarriage

Age of widow at date of widowhood	Capital value of £1 per annum as at date of widowhood
	£ s. d.
20	6 0 0
21	6 0 0
22	6 0 0
23	6 0 0
24	6 0 0
25	6 5 0
26	6 12 0
27	6 19 0
28	7 6 0
29	7 13 0
30	8 0 0
31	8 8 0
32	8 15 0
33	9 2 0
34	9 8 0
35	9 15 0
36	10 1 0
37	10 6 0
38	10 11 0
39	10 16 0
40	11 1 0
41	11 5 0
42	11 9 0
43	11 12 0
44	11 15 0
45	11 18 0
46	12 1 0
47	12 3 0
48	12 5 0
49	12 6 0
50	12 6 0
51	12 6 0
52	12 5 0
53	12 4 0
54	12 3 0
55	12 1 0
56	11 19 0
57	11 16 0
58	11 13 0
59	11 10 0
60	11 6 0
61	11 3 0
62	10 19 0
63	10 14 0
64	10 8 0
65	10 3 0
66	9 18 0
67	9 12 0
68	9 7 0
69	9 1 0
70	8 15 0

NOTE:—This table is for use in connection with regulation 36(1) for compounding annual compensation payable to a widow under regulation 26. It should also be used, where a reduction of compensation under regulation 26(6) falls to be apportioned between the compensation payable under that regulation and under regulation 27, for ascertaining the capital value of annual compensation to a widow.

TABLE IV

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 24(1) for ascertaining the annual amount by which retirement compensation under regulation 20, 21 or 22 is to be reduced where a claimant has not paid to the compensating authority an amount equal to any sum paid to him by way of superannuation contributions or that amount has been repaid to him by the compensating authority at his request. It should also be used in connection with regulation 36(2) for calculating for the purposes of that paragraph the annual value of retirement compensation awarded as a lump sum.

TABLE V

Table showing the annual amount payable to a widow until death or remarriage equivalent in value to a lump sum of £100

Age of widow at date of widowhood	Annual amount equal in value to a lump sum of £100
	£ s. d.
20	16 13 4
21	16 13 4
22	16 13 4
23	16 13 4
24	16 13 4
25	16 0 0
26	15 3 0
27	14 7 9
28	13 14 0
29	13 1 5
30	12 10 0
31	11 18 1
32	11 8 7
33	10 19 9
34	10 12 9
35	10 5 2
36	9 19 0
37	9 14 2
38	9 9 7
39	9 5 2
40	9 1 0
41	8 17 9
42	8 14 8
43	8 12 5
44	8 10 3
45	8 8 1
46	8 6 0
47	8 4 7
48	8 3 3
49	8 2 7
50	8 2 7
51	8 2 7
52	8 3 3
53	8 3 11
54	8 4 7
55	8 6 0
56	8 7 4
57	8 9 6
58	8 11 8
59	8 13 11
60	8 17 0
61	8 19 5
62	9 2 8
63	9 6 11
64	9 12 4
65	9 17 0
66	10 2 0
67	10 8 4
68	10 13 11
69	11 1 0
70	11 8 7

NOTE:—This table is for use in connection with regulation 26(6) for ascertaining the annual amount by which compensation to a widow is to be reduced in the circumstances described in that paragraph. If a reduction is required to be apportioned between compensation payable under regulations 26 and 27, the capital value of annual compensation to a widow should be ascertained by reference to Table III.

TABLE VI

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 36(1) and (2) for compounding awards of long-term compensation under Part IV of these 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 these 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”.