Your Normal Retirement Date and Accrual Rate will depend on your category of membership. There are three categories of membership:

Category 1:

• Test pilots or navigators of high performance aircraft.
• Normal Retirement Date is the first of the month coincident with or immediately after your 50th birthday.
• Accrual rate: 1/35th for Pensionable Service completed after 1st January 1989 and 1/40th for Pensionable Service completed on or before 31st December 1988.

Category 2:

• Typically Aircrew employed primarily on development test flying of civil aircraft and their derivatives.
• Normal Retirement Date is the first of the month coincident with or immediately after your 55th birthday.
• Accrual rate: 1/45th for Pensionable Service completed after 1st January 1989 and 1/50th for Pensionable Service completed on or before 31st December 1988.

Category 3:

• Typically Aircrew not eligible for any other category of membership.
• Normal Retirement Date is the first of the month coincident with or immediately after your 60th birthday.
• Accrual rate: 1/55th for all Pensionable Service.

The Company’s decision as to whether a member is a Category 1, 2, or 3 member and what constitutes a high performance aircraft will be final.