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Mary has always worked part time, working half time. The calendar length of her membership so far is 20 years, and she has 10 years till age 65.
She is retiring on ill health, and her employer has decided there is NO prospect of her working again before 65. So this means her benefits will be based on:
Membership so far
20 years (reduced to half length as she has worked half time throughout) = 10 years |
Membership to 65
10 years (reduced to half length as she has worked half time on leaving) = 5 years |
| Total membership: 15 years |
| We then use this with Mary's full time pay to work out her benefits. |
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Pay and your pension
