Schedule 2 Proportion of percentage to be applied to any retiring allowance, annual allowance, or annuity

s 5

1 Where the contributory service terminated before 15 June 1969.	90%
2 Where the contributory service commenced before 15 June 1969 and has not terminated by that date, and the case is not one to which clause 3 of this Schedule applies.	The higher of—
	(a) 90%; and
	(b) 80% plus a percentage calculated in accordance with the following formula:
	where—
	a is the period of contributory service after 14 June 1969; and
	b is the total period of contributory service,—
	the calculation to be to the nearest whole number percent unless the application of the formula gives a figure exactly 0.5% below a whole number percent, in which case the calculation must be to the nearest whole number percent above.
3 Where—	100%.
(a) the contributory service commences on or after 15 June 1969; or
(b) the retiring allowance, annual allowance, or annuity is pay-able under Part 2A, Part 3A, Part 4, Part 5A, Part 6A, or Part 6B of the principal Act; or
(ba) the annual retiring allowance, annual allowance, or annuity is payable under Part 6 of the principal Act as a result of a person ceasing to be a member after 30 June 1992; or
(c) the retiring allowance, annual allowance, or annuity is payable to or in respect of any person in respect of whom an election has been made under section 16 or section 17 of the Government Superannuation Fund Amendment Act 1986.