13
CurrentIncreases in annual pension
13 Increases in annual pension
If part of the pension payable under this Act is commuted, any future increase in the annual pension as a result of an increase in the appropriate judicial salary is to be calculated in accordance with the following formula:
where –
P is the new pension payable to a person in receipt of a pension under this Act;
RP is the pension payable to a person in receipt of a pension under this Act immediately before the increase;
A is the current appropriate judicial salary;
B is the appropriate judicial salary immediately before the increase.
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