First Schedule FIRST SCHEDULESupplementary
SYNOPSIS OF RULES A TO C. CALCULATION OF PENSIONS A. PUBLIC OFFICER WHO COMMENCED TO CONTRIBUTE WHILE A BACHELOR I. First Wife’s Prospective Pension (a) Pension in consideration of the contributions paid during bachelorhood (b) Pension in consideration of the annual contribution current at the date of marriage (c) Variations of pension consequent on increments to, and decrements from, the current annual contribution while the contributor is married to his first wife II. Second, and Subsequent, Wife’s Prospective Pension (a) Variations of pension consequent on increments to, and decrements from, the current annual contribution while the contributor is a widower (b) Variations of pension consequent on the remarriage of the contributor (c) Variations of pension consequent on increments to, and decrements from, the current annual contribution while the contributor is married to his second, or subsequent wife B. PUBLIC OFFICER WHO COMMENCED TO CONTRIBUTE WHILE MARRIED III. First Wife’s Prospective Pension (a) Pension in consideration of the annual contribution current at the date of commencement of the contribution (b) Variations of pension consequent on increments to, and decrements from, the current annual contribution while the contributor is married to his first wife IV. Second, and Subsequent, Wife’s Prospective Pension (a) Variations of pension consequent on increments to, and decrements from, the current annual contribution while the contributor is a widower (b) Variations of pension consequent on the re-marriage of the contributor (c) Variations of pension consequent on increments to, and decrements from, the current annual contribution while the contributor is married to his second, or subsequent wife C. PUBLIC OFFICER WHO COMMENCED TO CONTRIBUTE WHILE A WIDOWER V. Second, and Subsequent, Wife’s Prospective Pension D. PENSIONS TO ORPHAN CHILDREN VI. Orphans’ Pensions at Death of Widower Contributor (a) Case where the orphans are the issue of the same wife (b) Case where the orphans are the issue of different wives VII. Orphans’ Pensions at Death or Remarriage of Widow VIII. Orphans’ Pensions at Death of Married Contributor DD. OFFICER TRANSFERRED FROM *PALESTINE IX. Treatment of Lump Sum Contributions (a) Bachelor or widower without children (b) Married or widower with children (a) Part payment of lump sum under Palestine Ordinance DDD.—RETIREMENT OF ENTITLED OFFICERS X. Single Contribution XI. Repayment E. PUBLIC OFFICER TRANSFERRED TO EMPLOYMENT UNDER THE CROWN OF GREAT BRITAIN * NOTE—see section 13 of F.M. Ord. No. 75 of 1950. F. CALCULATION OF QUANTITIES (OR TABULAR RESULTS) FOR AGES NOT GIVEN IN THE TABLES A TO C. CALCULATION OF PENSIONS The amount of the pension payable under the Act shall be calculated in accordance with the following rules: A. PUBLIC OFFICER WHO COMMENCED TO CONTRIBUTE WHILE A BACHELOR I. FIRST WIFE’S PROSPECTIVE PENSION (a) Pension in Consideration of the Contributions Paid during Bachelorhood Rule I(a) Accumulate the contributions at 8 per cent. compound interest, with yearly rests at each 31 December, and multiply the result by the quantity found from Table A corresponding to the respective ages next birthday of the husband and wife at the date of marriage. The product gives the pension on account of the contributions paid during bachelorhood. (b) Pension in Consideration of the Annual Contribution Current at the Date of Marriage NOTE—The amount of the current annual contribution is obtained by multiplying by 12 the amount of the last monthly contribution. Rule I(b) Turn to the section of Table B which contains in the heading the age of the husband at the date of completion of his period of contribution; and multiply the amount of the current annual contribution by the quantity found from that section corresponding to the respective ages next birthday of the husband and wife at the date of marriage. The product gives the pension on account of the annual contribution current at the date of marriage. EXAMPLE of the application of Rules I(a) and I(b): Officer born on ……………… 31 July 1878 Officer commenced to contribute on ………… 1 April 1904 Officer married on ……………… 30 June 1908 Annual contribution, 1 April 1904 to 31 December 1906 … RM20 Annual contribution, 1 January 1907 to date of marriage … RM30 Date of completion of contribution period … … … 1 April 1939 Wife born on … … … … … … … 31 August 1888 Officer’s age next birthday at date of marriage … … … … … Officer’s age next birthday at completion of contribution period … Wife’s age next birthday at date of marriage … … … … … Application of Rule I(a): Accumulation of contributions paid during bachelorhood— Contributions from 1 April to 31 December 1904 RM15.00 Contributions during 1905 ……………… 20.00 One year’s interest at 8 per cent. on RM15 ………… 1.20 36.20 Contributions during 1906 ……………… 20.00 One year’s interest at 8 per cent. on RM36.20 ……… 2.90 59.10 Contributions during 1907 ……………… 30.00 One year’s interest at 8 per cent. on RM59.10 ……… 4.73 93.83 Contributions from 1 January to 30 June 1908 ……… 15.00 Half-year’s interest at 8 per cent. on RM93.83 ……… 3.75 Total accumulation … RM112.58 Quantity found from Table A— Husband* …………… 30 .554 Wife* …………… RM112.58 x .554 = RM62.37 = pension in consideration of contributions paid during bachelorhood. Application of Rule I(b): Annual contribution current at the date of marriage RM30. Quantity found from Table B, section for officers aged 61 next birthday at completion of period of contribution— Husband* … … … … … 30 5.77 * NOTE—Where the ages are not given in the Tables, proceed as illustrated in the general examples given under the heading “F. CALCULATION OF QUANTITIES (OR TABULAR RESULTS) FOR AGES NOT GIVEN IN THE TABLES”. Wife* …………… RM30 x 5.77=RM173.10=pension in consideration of annual contribution current at marriage. Total Pension to be recorded on the bachelor contributor marrying— By Rule I(a) ………………… RM 62.37 By Rule I(b) ………………… 173.10 Total … RM235.47 (c) Variations of Pension Consequent on Increments to, and Decrements from, the Current Annual Contribution while the Contributor is Married to his First Wife. NOTE—The cessation of the contribution from any cause before the completion of the full period of contribution must be regarded as a decrement from the current annual contribution equal to the amount of such current annual contribution. Rule I(c) Turn to the section of Table B which contains in the heading the age of the husband at the date of completion of his period of contribution; and multiply the amount of the increment to, or the decrement from, the current annual contribution by the quantity found from that section corresponding to the respective ages next birthday of the husband and wife at the date of the variation of the contribution. The product gives the amount to be added to the pension consequent on the increment to the current annual contribution, or as the case may be, the amount to be deducted from the pension consequent on the decrement from the current annual contribution. EXAMPLE of the application of Rule I(c): Assume perticulars as in the example subjoined to Rules I(a) and I(b)— Annual contribution increased on 31 May 1913, from RM30 to … RM50 Annual contribution decreased on 30 April 1918, from RM50 to Annual contribution ceased on 31 March 1923. 31 May 1913, increment to current annual contribution … … … … Quantity found from Table B, section for officers aged 61 next birthday at completion of period of contribution— Husband …………… 4.74 Wife …………… RM20 x 4.74=RM94.80=amount to be added to the pension. Pension at marriage, see example subjoined to Rules I(a) and I(b) RM235.47 Add ……………………… 94.80 Pension at 31 May 1913 ……………… RM330.27 30 April 1918, decrement from current annual contribution … RM10 Quantity found from Table B, section for officers aged 61 next birthday at completion of period of contribution— Husband … … … … … 40 3.83 Wife … … … … … 30 RM10 x 3.83=RM38.30=amount to be deducted from the pension. Pension at 31 May 1913, as above … … … … … RM330.27 Deduct ……………………… 38.30 Pension at 30 April 1918 … … … … … … RM291.97 31 March 1923, cessation of contribution regarded as a decrement from current annual contribution … … … … … RM40 Quantity found from Table B, section for officers aged 61 next birthday at completion of period of contribution— Husband …………… 2.99 Wife …………… RM40 x 2.99=RM119.60=amount to be deducted from the pension. Pension at 30 April 1918, as above …………… RM291.97 Deduct ……………………… 119.60 Pension at 31 March 1923 ……………… RM172.37 II. SECOND, AND SUBSEQUENT, WIFE’S PROSPECTIVE PENSION (a) Variations of Pension Consequent on Increments to, and Decrements from the Current Annual Contribution while the Contributor is a Widower Rule II(a) Assume that the contributor is married to a wife of the age that his last preceding wife would have been had she survived to the date of the variation of the contribution, and proceed in accordance with Rule I(c). EXAMPLE of the application of Rule II(a): If the particulars be as in the example subjoined to Rule I(c), except that the first wife, who was born on 31 August 1888, died on 30 November 1908, it would be assumed that the contributor was at the date of each of the three variations of the contribution married to a wife who was born on the 31 August 1888. The calculations will then be identical with those given in the example subjoined to Rule I(c). (b) Variations of Pension Consequent on the Remarriage of the Contributor. NOTE—No variation of the pension is to be recorded if the second or subsequent wife was at the date of the remarriage of the same age next birthday as the last preceding wife would have been had she survived to that date. Rule II(b) If the second or subsequent wife was at the date of the remarriage of a less or greater age next birthday than the last preceding wife would have been had she survived to that date, multiply the amount of the pension by the quantity found from Table C corresponding to the age next birthday of the husband at the date of remarriage, and the age next birthday which the last preceding wife would have attained had she survived to that date; multiply the product so obtained by the quantity found from Table A corresponding to the respective ages of the husband and of the second or subsequent wife at the date of the remarriage. The result gives the pension to be recorded on the remarriage of the contributor. EXAMPLE of the application of Rule II(b): Assume particulars as in the example subjoined to Rules I(a) and I(b)— First wife died on ………… 30 November 1908 Contributor remarried on ………… 31 January 1913 Contributor’s age next birthday at date of remarriage …… Second wife born on …………… 30 June 1893 Second wife’s age next birthday at date of the remarriage … Age next birthday which the first wife would have attained had she survived to date of the remarriage … … … … 31 January 1913–The second wife being of a less age next birthday at the date of the remarriage than the first wife would have been had she survived, the pension RM235.47 [see example subjoined to Rules I(a) and I(b)] is to be recalculated. Quantity found from Table C— Husband …………… Wife …………… 25 2.074 Quantity found from Table A— Husband …………… 35 0.462 Wife …………… RM235.47 x 2.074 = RM488.36. RM488.36 x 0.462 = RM225.62 = pension at 31 January 1913. (c) Variations of Pension Consequent on Increments to, and Decrements from, the Current Annual Contribution while the Contributor is Married to his Second or Subsequent Wife. Rule II(c) Proceed as in Rule I(c). B. PUBLIC OFFICER WHO COMMENCED TO CONTRIBUTE WHILE MARRIED III. FIRST WIFE’S PROSPECTIVE PENSION NOTE— In every case of a public officer who commenced to contribute while married, the wife at the date of commencement of the contribution is to be considered as the officer’s first wife, and no particulars are to be recorded respecting any former wife to whom he may have been married, unless there is issue of such former wife of a pensionable age (see D.—Pensions to orphan children). (a) Pension in Consideration of the Annual Contribution Current at the Date of Commencement of the Contribution Rule III(a) Turn to the section of Table B which contains in the heading the age of the husband at the date of completion of his period of contribution; and multiply the amount of the current annual contribution by the quantity found from that section corresponding to the respective ages next birthday of the husband and wife at the date of commencement of the contribution. The product gives the pension on account of the annual contribution current at the date of commencement of the contribution. EXAMPLE of the application of Rule III(a): Officer born on ……………… 31August 1870 Officer married on ……………… 30 June 1899 Officer commenced to contribute on ……… 31 July 1910 Annual contribution current on 31 July 1910 … RM100 Date of completion of contribution period …… 31 August 1935 Wife born on … … … … … … 31 October 1880 Officer’s age next birthday on 31 July 1910 ………… Officer’s age at completion of contribution period … … … … Wife’s age next birthday on 31 July 1910 …………… 31 July 1910, current annual contribution … … … … … RM100 Quantity found from Table B, section for officers aged 65 next birthday at completion of period of contribution— Husband …………… Wife …………… 30 3.99 RM100 x 3.99 = RM399.00 = pension in consideration of annual contribution current at commencement of contribution. (b) Variations of Pension Consequent on Increments to, and Decrements from, the Current Annual Contribution while the Contributor is Married to His First Wife Rule III(b) Proceed as in Rule I(c). IV. SECOND AND SUBSEQUENT WIFE’S PROSPECTIVE PENSION (a) Variations of Pension Consequent on Increments to, and Decrements from, the Current Annual Contribution while the Contributor is a Widower Rule IV(a) Proceed as in Rule II(a). (b) Variations of Pension Consequent on the Remarriage of the Contributor Rule IV(b) Proceed as in Rule II(b). (c) Variations of Pension Consequent on Increments to, and Decrements from, the Current Annual Contribution while the Contributor is Married to his Second or Subsequent Wife Rule IV(c) Proceed as in Rule I(c). C. PUBLIC OFFICER WHO COMMENCED TO CONTRIBUTE WHILE A WIDOWER V. SECOND AND SUBSEQUENT WIFE’S PROSPECTIVE PENSION Rule V. For the purpose of calculating the pension assume that the deceased wife survived to the date of commencement of the contribution and died immediately afterwards; then proceed in accordance with the Rules applicable to the case of officers who commenced to contribute while married (see B). D. PENSIONS TO ORPHAN CHILDREN VI. ORPHANS’ PENSIONS AT DEATH OF WIDOWER CONTRIBUTOR (a) Case where the Orphans are the Issue of the same Wife Rule VI(a) Divide the amount of the pension of the widower contributor equally among the children entitled for the time being. EXAMPLE of the application of Rule VI(a): Pension of widower contributor at his death RM150 p.a. Children entitled on his death— Spinster daughter aged ………………… Son aged ……………………… Son aged ……………………… Each of the three children will take a pension of RM50 per annum. If the spinster daughter marry at the age of 20 the two sons will each take a pension of RM75 per annum. If the younger son subsequently die at the age of 15 the elder son will take the full pension of RM150 per annum. (b) Case where the Orphans are the Issue of different wives NOTE—The Rules here given provide for the case of two wives only. Rule VI(b) (I) Divide equally among such of the children of the first wife as may be entitled for the time being one-half of the pension which the first wife would have received had she survived the contributor; (2) Divide equally among such of the children of the second wife as may be entitled for the time being one-half of the pension which the second wife would have received had she survived the contributor, and had there been no issue of the first wife entitled to pension; (3) So soon as all the children of either the first wife or the second wife have ceased to be entitled to pension, divide equally among such of the children of the other wife as may be entitled for the time being the whole of the pension which such other wife would have received had she survived the contributor, and had there been no issue of the first wife entitled to pension. VII. ORPHANS’ PENSIONS AT DEATH OR REMARRIAGE OF WIDOW Rule VII. Divide the amount of the widow’s pension equally among her children entitled for the time being. EXAMPLE of the application of Rule VII: Amount of widow’s pension at her death or remarriage—RM150 per annum. Children entitled at her death— Assuming the particulars as in the example subjected to Rule VI(a) proceed as therein indicated. VIII. ORPHANS’ PENSIONS AT DEATH OF MARRIED CONTRIBUTOR Rule VIII. In the case where a contributor dies leaving a widow, and also children the issue of a previous marriage, divide equally among such of the children of the first wife as may be entitled for the time being one-half of the pension which the first wife would have received had she survived the contributor. On the widow’s pension ceasing, divide equally among such of the children of the first wife as may be entitled for the time being the whole of the pension which the first wife would have received had she survived the contributor. NOTE.—In this case, so long, as the children of the first wife are entitled to pension, the widow’s pension is one-half of that which she would have received had there been no such children. DD. OFFICER TRANSFERRED FROM PALESTINE IX. TREATMENT OF LUMP SUM CONTRIBUTIONS MADE UNDER THE PROVISIONS OF SECTION 13 OF THE WIDOWS AND ORPHANS PENSION (AMENDMENT AND EXTENDED APPLICATION) ORDINANCE 1950 (a) Bachelor or widower without children Rule IX(a). If the contributor is a bachelor, or a widower without children of a pensionable age, the lump sum contribution shall be accumulated as from the date of transfer or from 15 May 1948, whichever is the later, and treated in accordance with Rule I(a). (b) Married or widower with children Rule IX(b).—If the contributor is married, or a widower with children of a pensionable age, the amount of the lump sum shall be multiplied by the quantity found from Table A corresponding to the respective ages last birthday of the husband and wife on the date of transfer or on 15 May 1948, whichever is the later. If the contributor is a widower it shall be presumed that the deceased wife lived until the date of payment of the lump sum and died immediately afterwards. (c) Part payment of lump sum under Palestine Ordinance Rule IX(c). Notwithstanding the provisions of Rule IX(a) and Rule IX(b), if the lump sum contribution made under the Ordinance consists in part of a lump sum contribution made by the contributor under the Palestine Widow’s and Orphans' Pensions Ordinance 1944, in respect of the period for which he could have contributed had that Ordinance come into force five years earlier, the benefit resulting from such part of the lump sum contribution as calculated in accordance with Rule IX(a) or Rule IX(b) shall be reduced by five eights. DDD. RETIREMENT OF ENTITLED OFFICERS X. SINGLE CONTRIBUTION Rule X. The single contribution referred to in paragraph 5B(1)(b) is calculated by multiplying the annual contribution, calculated at the rate of four per centum of his salary or pension, by the Table B factor and dividing the product by the Table A factor, both factors corresponding to the ages next birthday of the officer and his wife at the date of retirement. Example: If an officer, who is 61 next birthday at the completion of the period of contribution, is 40 next birthday and his wife 35 next birthday at the date of retirement the single contribution necessary to commute an annual contribution of RM400 per annum is 400 x 4.06 ÷ 0.449 = RM3,620. In this case 4.06 is the value in Table B for officers who will be aged 61 next birthday at completion of contributions and 0.449 is the value in Table A. XI.—REPAYMENT Rule XI. The sum referred to in paragraph 5 B(l)(c) is calculated by subtracting from the officer’s prospective pension, calculated in accordance with the foregoing rules, the product of his annual contribution and Table B factor, and multiplying the product by the Table C factor, both factors corresponding to the ages next birthday of the officer and his wife at the date of retirement. Example: An officer aged 40 next birthday with a wife aged 35 has a registered pension of RM4,000 per annum based on continued annual contribution of RM400 up to the age of 61 next birthday. If he ceases to contribute on retirement his paid- up registered pension will be RM4,000 minus RM400 x 4.06 = 2,376. In this case 4.06 is the value in Table B for officers who will be 61 next birthday at completion of contributions. To calculate the refundable sum RM2,376 must be multiplied by 2.226, being the appropriate value in Table C, giving a product of RM5,288. E. PUBLIC OFFICER TRANSFERRED TO EMPLOYMENT UNDER THE CROWN OF GREAT BRITAIN Throughout these Rules and examples the calculations depend, not on the official income of the contributor, but on the amount of his contribution to the Fund so that the transfer of a public officer to another service does not affect his pension unless the amount of his current annual contribution is varied, in which case the proper adjustment is to be made in accordance with the preceding Rules. F. CALCULATION OF QUANTITIES (OR TABULAR RESULTS) FOR AGES NOT GIVEN IN THE TABLES Table A—The quantities are given for every age of the husband from 15 to 64; and for every fifth age of the wife from 15 to 65. Ages of husbands and wives below or beyond are to be treated as the youngest and oldest ages given respectively. For the intermediate ages of wives, interpolate by first differences, as follows— To find the quantity corresponding to the ages of a husband and wife aged, respectively, 35 and 27 next birthday. The quantity for ages 35 and 25 given in the Table is 0.482. The quantity for ages 35 and 30 given in the Table is 0.507. So that the addition of five years to the age of the wife results in an addition of 0.025 to the quantity given in the Table for ages 35 and 25. An addition of two years to the age of the wife accordingly results by proportion in an addition of two-fifths of 0.025 to the quantity given in the Table for ages 35 and 25. Two fifths of 0.025 = 0.01 which added to 0.482 gives 0.492 which is the required quantity corresponding to ages 35 and 27. Table B—This Table is divided into eleven sections, respectively applicable to officers who will be aged next birthday 55, 56, 57 . . . up to 65, when they complete their period of contribution. Care should in all cases be taken to turn to the section which contains in the heading the age of the husband at the date of completion of his period of contribution. In each section the quantities are given for 35 consecutive ages of the husband, terminating at the age preceding that at which the contribution ceases, and for every fifth age of the wife from 15 to 65. Ages of the wife below or beyond are to be treated as the youngest and oldest ages given, respectively. For the intermediate ages of wives interpolate by first differences as explained above. Thus, the quantity found from the first section of the Table (age 55) corresponding to the ages of a husband and wife aged, respectively, 45 and 38 next birthday is three-fifths of 0.18, added to 2.39, which gives 2.498. For officers who commence to contribute at an earlier age than 20 next birthday the method of calculation given in the subjoined examples is to be followed— EXAMPLE (1): An officer aged 17 next birthday, having a wife aged 15 next birthday, commences to contribute. Assume that the officer is aged 20 next birthday, so that the quantity found from Table B will be 8.30. This officer receives an increment of salary at age 22 next birthday, when his wife’s age is 20. Assume that his age is 25 next birthday—i.e., his actual age 22 — plus the difference between his actual age at entry and 20, which is three years. The quantity found from Table B will be 7.00. EXAMPLE (2): An officer aged 19 next birthday commences to contribute as a bachelor, and five years later, when aged 24 next birthday, marries; his wife’s age being 20 next birthday. The quantity found from Table A in accordance with Rule I(a) will be taken for the actual ages (husband 24 and wife 20) and will be 0.683. With respect to the current annual contribution at marriage, assume that the officer’s age is 25 (his actual age plus one) so that the quantity found from Table B will be 7.00. This officer receives an increment of salary when aged 39, when his wife’s age is 35. Assume as before that the ages are 40 and 35, respectively, so that the quantity found from Table B will be 3.61. NOTE—It will be observed that this method takes account of the actual number of years for which the annual contribution will run. In example (1), when the officer receives the increment of salary at age 22 he has contributed for five years, so that at the expiration of 30 years his contributions will cease. Similarly, in example (2), when the officer marries at age 24, he also has contributed for five years, so that although he is two years older than the officer in example (1), yet the unexpired period of contribution is the same in each case, and the wife’s age is in each instance 20, so that no important error is involved in using the same tabular quantity for the two cases. Table C—The quantities are given for the same ages as in Table A. Ages of husbands and wives below and beyond are to be treated as in using that Table. For the intermediate ages of wives interpolate by first differences as explained above, except that it must be noted that in this Table an addition to the age of the wife results in a deduction from the quantity given in the Table. To find the quantity corresponding to the ages of a husband and wife aged, respectively, 35 and 27 next birthday. The quantity for ages 35 and 25 given in the Table is 2.074. The quantity for ages 35 and 30 given in the Table is 1.974. So that the addition of five years to the age of the wife results in a deduction of 0.100 from the quantity given in the Table for ages 35 and 25. An addition of two years to the age of the wife accordingly results by proportion in a deduction of two-fifths of 0.100 from the quantity given in the Table for ages 35 and 25. Two-fifths of 0.100 = 0.04, which deducted from 2.074 leaves 2.034, which is the required quantity corresponding to ages 35 and 27. TABLE A THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A SINGLE CONTRIBUTION OF 1 WILL SECURE TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 55 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 56 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 57 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 58 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 59 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 60 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 61 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 62 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 63 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY THE MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 64 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND. TABLE B THIS SECTION OF TABLE B IS APPLICABLE ONLY TO THE CASE OF OFFICERS WHO WILL BE AGED 65 NEXT BIRTHDAY, WHEN THEY COMPLETE THEIR PERIOD OF CONTRIBUTION. THE YEARLY PENSION, PAYABLE BY MONTHLY INSTALMENTS, WHICH A YEARLY CONTRIBUTION OF 1, PAYABLE ALSO BY MONTHLY INSTALMENTS, WILL SECURE. THE YEARLY CONTRIBUTION IS TO CEASE ON THE TERMINATION OF 35 YEARS FROM THE DATE OF THE OFFICER’S FIRST CONTRIBUTION AFTER ENTRY INTO THE FUND, OR ON HIS ATTAINING THE AGE OF 65. TABLE C THE SINGLE CONTRIBUTION WHICH WILL SECURE A YEARLY PENSION OF 1, PAYABLE BY MONTHLY INSTALMENTS.