# The Pensions Increase (Power Jets) Regulations 1973, Regulation 5: Payment of benefit equivalent to pension increase


The Minister for the Civil Service may, in respect of any period beginning on or after 1st September 1971, pay to any person to whom these Regulations apply an amount equal to the increase which would be payable to him under the Pensions (Increase) Act 1971 if there were payable to him—
(a) an annual pension under the civil service pension scheme of an amount equal to the notional pension ascribed to him under Regulation 4(1) above and beginning on the day following the end of the period of his reckonable service, and
(b) in a case where a notional lump sum is ascribed to him under Regulation 4(2) above, a lump sum under the civil service pension scheme of an amount equal to, and becoming payable at the same time as, that notional lump sum and beginning on the day following the end of the period of his reckonable service.

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Source: https://www.legislation.gov.uk/uksi/1973/942/regulation/5 (the official version)
Page: https://openlegislation.uk/pensions-increase-power-jets-regulations-1973/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

