Regulation 13 Benefit limits
(1)
Schedule 2 has effect for limiting the benefits that may be paid under these Regulations.
(2)
The maximum annual rate of a retirement pension or dependant’s pension ascertained from Schedule 2 is increased–
(a)
by 3 per cent for each complete year that has elapsed, or
(b)
if a greater increase results, in proportion to the increase in the Index that has occurred,
since the date on which the pension became payable.