Increase of rates of pension to pensioners who retired before 30 June 1950
61 Increase of rates of pension to pensioners who retired before 30 June 1950
s. 61
The rate of pension payable under this Act to each pensioner shall be—
the rate payable under Division two of Part III of this Act to a member of the force who—
on the appointed day first became entitled to a similar pension; and
during the three years immediately preceding the appointed day held the same rank or ranks for the same period or periods as the pensioner held during the three years immediately prior to the date of his retirement; or
the rate payable to the pensioner immediately before the appointed day plus twenty per centum—
whichever is the lower rate.
No pensioner shall by virtue of this section suffer any reduction of the rate of pension which he was receiving immediately before the appointed day.
Nos 5460 s. 6, 5467 s. 2.
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