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Police Ill Health Retirement Formula:
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Police Ill Health Retirement is a pension scheme for police officers who are permanently disabled from performing their duties due to illness or injury. The pension is calculated with an enhancement based on the level of disablement.
The calculator uses the police ill health retirement formula:
Where:
Explanation: The enhanced percentage is determined by the ill health tier classification, which reflects the degree of disablement and its impact on the officer's ability to work.
Details: Accurate pension calculation is crucial for ensuring police officers receive appropriate financial support when retiring due to ill health, reflecting their service and level of disablement.
Tips: Enter final pensionable pay in GBP and enhanced percentage based on the ill health tier classification. Both values must be valid (final pay > 0, enhanced percentage between 0-100).
Q1: What are the different ill health tiers?
A: Typically, there are different tiers (e.g., Tier 1, Tier 2) based on the degree of disablement and whether the officer is capable of any regular employment.
Q2: How is final pensionable pay determined?
A: Final pensionable pay is usually based on the officer's pensionable earnings in their final year of service or an average of the best consecutive years.
Q3: What enhanced percentages apply to different tiers?
A: Enhanced percentages vary by police pension scheme regulations but typically range from standard accrual rates to enhanced rates for higher disablement tiers.
Q4: Are there minimum service requirements?
A: Most police pension schemes require a minimum period of service to qualify for ill health retirement benefits.
Q5: Can the pension be reviewed or changed?
A: Some schemes allow for periodic reviews of the ill health pension, especially if there are changes in the officer's medical condition or earning capacity.