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Article 3 Pension increases

Original text. Later amendments are not shown.

The annual rate of an official pension may, if a qualifying condition is satisfied or the pension is a derivative or substituted pension or a relevant injury pension, be increased by the pension authority in respect of any period on or after 7th April 2003 as follows—

(1)

a pension beginning before 8th April 2002 may be increased by 1.7 per cent of the basic rate as increased by the amount of any increase under section 1 of the 1971 Act or the existing Orders;

(2)

a pension beginning on or after 8th April 2002 and before 7th April 2003 may be increased by 1.7 per cent multiplied by

AB

where

a

  • A is the number of complete months in the period between the beginning date of the pension and 7th April 2003; and

    • b

  • B is 12.