Service to 31 March 2012
27 years of Pensionable Service multiplied by Final Pensionable Earnings of £30,000
27/60ths x £30,000 = £13,500
PLUS
Service from 1 April 2012
Three years of Pensionable Service multiplied by Final Pensionable Earnings (2012) of £28,500, multiplied by a longevity adjustment factor of 1.0
(3/65ths x £28,500) x 1.0 = £1,315.38
Total deferred pension = £14,815.38