Transfer Amount. The ▇▇▇▇▇▇▇r Amount at the Actual Payment Date will be: a) the value of the liabilities at the Actual Payment Date as calculated under 3 above, plus b) the Members' Contributions less the Retained Costs having adjusted each net contribution between the day of receipt by the Pension Scheme of the relevant contribution to the Actual Payment Date, by the ratio of the total return index of the FT-Actuaries All-Share index at close of business on the last working day before the Actual Payment Date to the total return index of the FT-Actuaries All-Share index at close of business on the last working day before the day of receipt by the Pension Scheme of the relevant contribution. c) the value, if any, at Joining Date calculated using the actuarial assumptions in 2 above of contributions at the rate of 1% of Salaries payable monthly in arrears from Completion Date to 31 March 2002 in respect of Transferring Members who were Members of the Eastern Group of ESPS on 31 March 1999 and who remain as such immediately before Joining Date and who agree to join the Buyer's Scheme from the Joining Date. This value shall be adjusted between Joining Date to the Actual Payment Date by the ratio of the total return index of the FT-Actuaries All-Share Index at close of business on the last working day before Actual Payment Date to the total return index of the FT-Actuaries All-Share index at close of business on the last working day before Joining Date. BACON & WOODROW Actuaries and Consultants ▇XU ACTUARIAL ASSUMPTIONS -- TABLE OF ASSUMED RATES OF ILL-HEALTH RETIREMENT, WITHDRAWALS AND PROMOTIONAL SALARY INCREASES ILL-HEALTH(1) WITHDRAWALS(1) PROMOTIONAL SALARY SCALE AGE MALES FEMALES MALES FEMALES MALES & FEMALES 20 0 0 7,500 15,000 1,000 21 0 0 7,500 15,000 1,070 22 0 0 7,500 15,000 1,114 23 0 0 7,620 14,678 1,224 24 0 0 7,358 15,188 1,309 25 33 0 6,420 15,345 1,400 26 40 0 5,828 15,728 1,449 27 40 0 5,228 15,833 1,499 28 47 0 4,628 15,645 1,551 29 47 0 4,238 14,948 1,604 30 58 45 3,855 13,905 1,660 31 65 60 3,473 12,555 1,702 32 73 75 3,113 11,235 1,745 33 87 90 2,783 9,960 1,789 34 95 105 2,535 9,195 1,834 35 102 120 2,310 8,490 1,880 36 117 135 2,123 7,845 1,922 37 127 150 1,943 7,290 1,965 38 143 180 1,778 6,818 2,009 39 162 210 1,665 6,270 2,054 40 180 240 1,568 5,813 2,100 41 207 270 1,478 5,415 2,129 42 233 300 1,395 5,048 2,159 43 260 360 1,313 4,688 2,189 44 287 420 1,238 4,320 2,219 45 312 480 1,163 3,968 2,250 46 345 540 1,080 3,630 2,266 47 392 600 1,005 3,308 2,282 48 432 630 923 2,993 2,298 49 497 660 833 2,773 2,314 50 590 690 750 2,498 2,330 51 710 720 0 0 2,330 52 828 750 0 0 2,330 53 968 1,050 0 0 2,330 54 1,148 1,350 0 0 2,330 55 1,347 1,650 0 0 2,330 56 1,598 1,950 0 0 2,330 57 1,877 2,250 0 0 2,330 58 2,235 2,550 0 0 2,330 59 2,672 2,850 0 0 2,330 60 3,235 3,150 0 0 2,330 61 3,925 3,450 0 0 2,330 62 4,687 3,750 0 0 2,330 63 0.00 0.00 0 0 2,330 (Footnote) 1. The figures shown are the number of ill-health retirements and withdrawals during the year per 100,000 members at the beginning of each year.
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Transfer Amount. The ▇▇▇▇▇▇▇r ▇ Transfer Amount at the Actual Payment Date will be:
a) the value of the liabilities at the Actual Payment Date as calculated under 3 above, plus
b) the Members' Contributions less the Retained Costs having adjusted each net contribution between the day of receipt by the Pension Scheme of the relevant contribution to the Actual Payment Date, by the ratio of the total return index of the FT-Actuaries All-Share index at close of business on the last working day before the Actual Payment Date to the total return index of the FT-Actuaries All-Share index at close of business on the last working day before the day of receipt by the Pension Scheme of the relevant contribution.
c) the value, if any, at Joining Date calculated using the actuarial assumptions in 2 2. above of contributions at the rate of 1% of Salaries payable monthly in arrears from Completion Date to 31 March 2002 in respect of Transferring Members who were Members of the Eastern Group of ESPS on 31 March 1999 and who remain as such immediately before Joining Date and who agree to join the Buyer's Scheme from the Joining Date. This value shall be adjusted between Joining Date to the Actual Payment Date by the ratio of the total return index of the FT-FT - Actuaries All-Share Index at close of business on the last working day before Actual Payment Date to the total return index of the FT-FT - Actuaries All-Share index at close of business on the last working day before Joining Date. Date BACON & WOODROW Actuaries and Consultants ▇XU ACTUARIAL ASSUMPTIONS -- TABLE - TABLES OF ASSUMED RATES OF ILL-HEALTH RETIREMENT, WITHDRAWALS AND PROMOTIONAL SALARY INCREASES ILL-HEALTH(1) WITHDRAWALS(1) PROMOTIONAL SALARY SCALE AGE MALES FEMALES MALES FEMALES MALES & FEMALES 20 0 0 7,500 15,000 1,000 1.000 21 0 0 7,500 15,000 1,070 22 0 0 7,500 15,000 1,114 23 0 0 7,620 14,678 1,224 24 0 0 7,358 15,188 15,118 1,309 25 33 0 6,420 15,345 1,400 26 40 0 5,828 15,728 1,449 27 40 0 5,228 15,833 1,499 28 47 0 4,628 15,645 1,551 29 47 0 4,238 14,948 1,604 30 58 45 3,855 13,905 1,660 31 65 60 3,473 12,555 1,702 32 73 75 3,113 11,235 1,745 33 87 90 2,783 9,960 1,789 34 95 105 2,535 9,195 1,834 35 102 120 2,310 8,490 1,880 36 117 135 2,123 7,845 1,922 37 127 150 1,943 7,290 1,965 38 143 180 1,778 6,818 2,009 39 162 210 1,665 6,270 2,054 40 180 240 1,568 5,813 2,100 41 207 270 1,478 5,415 2,129 42 233 300 1,395 5,048 2,159 43 260 360 1,313 4,688 2,189 44 287 420 1,238 4,320 2,219 45 312 480 1,163 3,968 2,250 46 345 540 1,080 3,630 2,266 47 392 600 1,005 3,308 2,282 48 432 630 923 2,993 2,298 49 497 660 833 2,773 2,738 2,314 50 590 690 750 2,498 2,330 51 710 720 0 0 2,330 52 828 750 0 0 2,330 53 968 1,050 0 0 2,330 54 1,148 1,350 0 0 2,330 55 1,347 1,650 0 0 2,330 56 1,598 1,950 0 0 2,330 57 1,877 2,250 0 0 2,330 58 2,235 2,550 0 0 2,330 59 2,672 2,850 0 0 2,330 60 3,235 3,150 0 0 2,330 61 3,925 3,450 0 0 2,330 62 4,687 3,750 0 0 2,330 63 0.00 0.00 0 0 2,330 (Footnote)
1. 1 The figures shown are the number of ill-health retirements and withdrawals during the year per 100,000 members at the beginning of each year.. TXUEG
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