Sch. 2 Column 3 Lump sum factor to be subtracted Column 2 from factor in Column 2 for each Column 1 Lump sum factor completed month of age Age $ cts $ cts 50 15.20 0.0333 51 14.80 0.0250 52 14.50 0.0250 53 14.20 0.0250 54 13.90 0.0250 55 13.60 0.0167 56 13.40 0.0167 57 13.20 0.0167 58 13.00 0.0167 59 12.80 0.0167 60 12.60 0.0167 61 12.40 0.0083 62 12.30 0.0083 63 12.20 0.0083 64 12.10 0.0083 65 12.00 Note: The lump sum for any age over 65 years is to be determined by an actuary appointed by the Board. ————————— SCHEDULE 2 Sch. 2 amended by Australian Catholic University Limited No. 81/1988 s. 34(a)–(i), repealed by No. 120/1994 La s. 65(d), new Sch. 2 inserted by No. 95/2000 Royal Melbourne Institute of Technology s. 5, substituted by of Technology No. 73/2001 s. 7, The amended by No. 40/2005 s. 129(2).
Column 1 Age Column 2 Lump sum factor $ cts Column 3 Lump sum factor to be subtracted from factor in Column 2 for each completed month of age $ cts 50 15.20 0.0333 51 14.80 0.0250 52 14.50 0.0250 53 14.20 0.0250 54 13.90 0.0250 55 13.60 0.0167 56 13.40 0.0167 57 13.20 0.0167 58 13.00 0.0167 59 12.80 0.0167 60 12.60 0.0167 61 12.40 0.0083 62 12.30 0.0083 63 12.20 0.0083 64 12.10 0.0083 65 12.00 Note: The lump sum for any age over 65 years is to be determined by an actuary appointed by the Board. ————————— Sch. 2 amended by No. 81/1988 s. 34(a)–(i), repealed by No. 120/1994 s. 65(d), new Sch. 2 inserted by No. 95/2000 s. 5, substituted by No. 73/2001 s. 7, amended by No. 40/2005 s. 129(2). SCHEDULE 2 Sch. 2 Australian Catholic University Limited La Royal Melbourne Institute of Technology of Technology The