Pensions (Increase) Act, 1964
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Further increase in certain cases of scheduled (Part I) pensions (other than pensions specified in paragraphs (l) and (m) of Part I of Schedule). |
4.—(1) This section applies to a pension— | |
(a) which was calculated in whole or in part by reference to the average annual amount of salary or weekly pay received over a period which commenced before the specified date, and | ||
(b) which is a pension to be increased under section 3 of this Act or which would be increased under that section if the service in respect of which it was granted had ended before the specified date. | ||
(2) A pension to which this section applies shall be so increased that payments thereof in respect of any period beginning on or after the 1st day of August, 1962, are on the like basis as if the pension were calculated by reference to an average annual amount of salary or weekly pay computed in accordance with the next subsection. | ||
(3) The average annual amount of salary by reference to which a pension to which this section applies is to be recalculated shall be determined by reference to such rates of salary or weekly pay as the Minister considers appropriate, but not exceeding the rates which first commenced to be paid on the specified date, except that a higher rate may be allowed in respect of any part of the period referred to in paragraph (a) of subsection (1) of this section which falls after the specified date if such higher rate in respect of that part was reckoned in computing the pension to be increased. |