45Pension increase on officer retiring at age of 61 years or over

45 Pension increase on officer retiring at age of 61 years or over

Where: (a) a contributor, being an officer, retires on or after the day on which he attains the age of 61 years; (b) the retiring age for the rank held by him is 60 years; and (c) he is entitled to a pension under section 38, or under subsection 52(1); the amount of that pension shall be increased by an amount ascertained by multiplying the portion of the pension equivalent to the contributions paid by him to the Fund by: (d) if his age on retirement is less than 62 years—6%; or (e) in any other case—13%.