# Salary Scale- Pensions

62 views

If a member is aged 35 exactly at valuation date and received R75 000 in salary in the year to the valuation date. When calculating final average salary at retirement age 65, the answer is given below:

$$75000 \frac{s_{62}+s_{63}+s_{64}}{3s_{34}}$$

Why do we divide by $$s_{34}$$ and not $$s_{35}$$