SCHEDULE 1 Allocation of Investment Assets between Sections

Part IV

TABLE 1

	Pay progression arising from seniority and promotional increases		Probability of dying in service		Probability of voluntary withdrawal with deferred benefits		Probability of retiring on ill-health grounds with immediate pension and lump sum		Probability of voluntary early retirement with immediate pension and lump sum at rate in Table 2
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)
Age	Males	Females	Males	Females	Males	Females	Males	Females	Males	Females
20	105	105	0.0006	0.0003	0.0860	0.1050	0.0000	0.0000	0.0000	0.0000
25	133	133	0.0008	0.0003	0.0710	0.1470	0.0005	0.0001	0.0000	0.0000
30	149	149	0.0008	0.0003	0.0560	0.0990	0.0014	0.0009	0.0000	0.0000
35	164	164	0.0008	0.0005	0.0455	0.0750	0.0024	0.0020	0.0000	0.0000
40	174	174	0.0013	0.0008	0.0380	0.0600	0.0037	0.0041	0.0000	0.0000
45	184	184	0.0027	0.0013	0.0305	0.0450	0.0050	0.0073	0.0000	0.0000
50	190	190	0.0045	0.0021	0.0000	0.0000	0.0082	0.0126	0.0180	0.0400
55	194	194	0.0070	0.0035	0.0000	0.0000	0.0143	0.0214	0.0600	0.1100
60	194	194	0.0103	0.0058	0.0000		0.0000	0.0000	0.1500
61	194	194	0.0110		0.0000		0.0000	0.0000	0.1600
62	194	194	0.0118		0.0000		0.0000	0.0000	0.2000
63	194	194	0.0126		0.0000		0.0000	0.0000	0.2700
64	194	194	0.0135		0.0000		0.0000	0.0000	0.4000 Values for intermediate ages shall be taken to be intermediate.

TABLE 2

Factor to be applied to service completed in calculating immediate pension and lump sum for those retiring early otherwise than on grounds of ill-health.

	(1)	(2)
Age	Males	Females
50	0.7500	0.7500
51	0.7800	0.7800
52	0.8100	0.8100
53	0.8400	0.8400
54	0.8700	0.8700
55	0.9000	0.9000
56	0.9200	0.9200
57	0.9400	0.9400
58	0.9600	0.9600
59	0.9800	0.9800
60	1.0000	1.0000
61	1.0000
62	1.0000
63	1.0000
64	1.0000

TABLE 3

Determination of probability of death at age shown of pensioners who retired or are assumed to retire on ill-health grounds

	(1)	(2)
Age	Number Survivorsa	Number Survivorsa
	Male	Female
a per 1,000,000 lives at age 16.
1. Values for intermediate ages shall be taken to be intermediate. 2. In the case of those accruing benefits immediately before 1st October 1994, the age used should be one year less than their real age.
20	958,269	922,368
25	908,546	833,748
30	861,404	753,642
35	815,057	681,232
40	766,847	615,780
45	711,175	556,616
50	640,872	503,137
55	551,406	454,796
60	449,212	407,962
65	341,909	361,300
70	238,248	317,041
75	148,433	259,530
80	79,785	184,861
85	35,365	104,876
90	11,172	41,818
95	1,763	10,072
100	70	1,270
105	0	68
110	0	0

TABLE 4

Proportions married at death and the difference between the age of the former member and his or her spouse

Age	Male Former Members		Female Former Members
	Proportion married	Difference between former member’s age and spouse’s age	Proportion married	Difference between former member’s age and spouse’s age
1. Values for intermediate ages shall be taken to be intermediate. 2. For ages beyond the assumed vesting date of the member’s pension the proportion married at death shall be taken to be the proportion at the vesting date, reduced in line with the spouse’s assumed mortality over the subsequent period. 3. It shall be assumed that husbands were older than their wives.
20	0.050	0.0	0.600	3.0
25	0.500	1.0	0.600	3.0
30	0.750	1.5	0.600	3.0
35	0.850	2.0	0.600	3.0
40	0.875	2.5	0.600	3.0
45	0.875	3.0	0.600	3.0
50	0.875	3.0	0.600	3.0
55	0.875	3.0	0.600	3.0
60	0.875	3.0	0.600	3.0
65	0.875	3.0	0.600	3.0