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Government Employees Pension Law, 1996

Schedule 1 : Rules of the Government Employees Pension Fund

13. 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.