Government Employees Pension Law, 1996Schedule 1 : Rules of the Government Employees Pension Fund13. Change in working status |
13.1 | If a member's working status is changed from fulltime to part-time employment or vice versa, or if the working hours of a member who is employed on a part-time basis are changed (other than due to a general change in working hours) the member's period of pensionable service immediately before the date of such change is adjusted in accordance with the following formula: |
N = S x M
T
where
N = member's adjusted period of pensionable service
S = member's working hours per day immediately prior to the change in working status
T = member's working hours per day immediately after the change in working status
M = member's period of pensionable service immediately before the date of change in working status
13.2 | In the calculation of such a member's average pensionable emoluments for the purposes of the rules, the pensionable emoluments earned by the member prior to such change in working status is adjusted by the ratio of T divided by S, where T and S have the meanings assigned to them in rule 13.1. |