Article 5 Pension entitlement
Article 7 of the Principal Order is amended as follows.
In paragraph (3), after “sixty-five years” insert “and before 14th July 2009”.
For paragraph (11)f1 substitute—
“(11)In paragraph (2) “the appropriate fraction” in relation to a year or part of a year comprised in a person’s aggregate period of reckonable service means—
(a)in the case of a year or part of a year ending before 20th July 1983, one-sixtieth or, as the case may be, the fraction which bears to one-sixtieth the same proportion as the number of days in that part of a year bears to three hundred and sixty-five;
(b)in the case of a year or part of a year beginning on or after 20th July 1983 and ending before 5th July 2001, one-fiftieth or, as the case may be, the fraction which bears to one-fiftieth the same proportion as the number of days in that part of a year bears to three hundred and sixty-five;
(c)in the case of a year or part of a year beginning on or after 5th July 2001 and ending before 14th July 2009—
(i)in respect of a Category 1 contributor, one-fortieth; and
(ii)in respect of a Category 2 contributor, one-fiftieth; and
(d)in the case of a year or part of a year beginning on or after 14th July 2009—
(i)in respect of a Category 1 contributor, one-fortieth;
(ii)in respect of a Category 2 contributor, one-fiftieth; and
(iii)in respect of a Category 3 contributor, one-sixtieth.”.
Annotations
Footnotes
- f1
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Paragraph (11) was amended by S.I. 1996/1493.
- f2
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Paragraph (11A) was inserted by S.I. 1996/1493 and substituted by S.I. 2003/1416.
- f3
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Paragraph (12A) was inserted by S.I. 2003/1416.
- f4
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Paragraph (12B) was inserted by S.I. 2003/1416.
- f5
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Paragraph (13) was amended by S.I. 2006/919.