6CIncreases in annual pension

6C Increases in annual pension

[Section 6C Amended by No. 91 of 1999, s. 17, Applied:15 Dec 1999] [Section 6C Inserted by No. 18 of 1999, s. 9, Applied:14 May 1999] If part of a pension payable under this Act is commuted, any future increase in the annual pension as a result of an increase in the current Governor's salary is to be calculated in accordance with the following formula:

where –

P is the new pension payable to a person in receipt of a pension under this Act;

RP is the pension payable to a person in receipt of a pension under this Act immediately before the increase;

[Section 6C Amended by No. 47 of 2003, s. 7, Applied:03 Oct 2003]

[Section 6C Amended by No. 47 of 2003, s. 7, Applied:03 Oct 2003] A is the salary being paid to the current Chief Justice;

[Section 6C Amended by No. 47 of 2003, s. 7, Applied:03 Oct 2003] B is the salary paid to the current Chief Justice immediately before the increase.