Galway Harbour Act, 1935
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FIRST SCHEDULE. Superannuation. | ||
[ Section 61 (2)] | ||
1. For the purposes of this Schedule— | ||
the word “service” includes any service with the Galway Harbour Commissioners whether before or after the reconstitution effected by this Act; | ||
the “annual remuneration and emoluments” of an officer or servant shall be taken to be the average value of his remuneration and emoluments during each completed year of his service in the three years ending on the day on which his employment ends, or, if he has been employed for less than three years, the average value of his remuneration and emoluments during each completed year of his service; | ||
an “annual allowance” to an officer or servant may be calculated at the rate of not more than one-sixtieth of his annual remuneration and emoluments for every completed year of service, but shall not in any case exceed two-thirds of his annual remuneration and emoluments; | ||
a “gratuity” to an officer or servant may be calculated at, but shall not in any case exceed, one-twelfth of his annual remuneration and emoluments for each completed year of service. | ||
2. The Board may, at its discretion, grant an annual allowance during his life to any whole-time officer or servant of the Board upon his resigning or ceasing to be employed, if he either— | ||
(a) has twenty-five years' service and has attained the age of sixty-five years, or | ||
(b) has ten years' service and has become incapable of discharging his duties with efficiency by reason of some permanent infirmity of mind or body not caused by his own misconduct. | ||
3. The Board may, at its discretion, grant an annual allowance by way of special compensation during his life to any whole-time officer or servant of the Board who has ten years' service, upon his resigning or ceasing to be employed by reason of the abolition of his office or by reason of improved methods of organisation or working adopted by the Board in the interests of efficiency or economy: Provided that in determining the amount of such annual allowance the Board shall be entitled to fix the same at such sum within the permitted limits of an annual allowance as on full consideration of all the circumstances shall in the judgment of the Board be a just and reasonable compensation for the loss of the employment. | ||
4. The Board may, at its discretion, grant a gratuity to any whole-time officer or servant of the Board, who has less than ten years' service and who resigns or ceases to be employed in such circumstances that an annual allowance could have been granted to him under this Schedule if he had had ten years' service. |