14Deduction from salaries of members

14 Deduction from salaries of members

S. 14(1) amended by No. 36/2019 s. 16(c).

(1) From each instalment of salary paid to a person pursuant to Part I during the first 20⋅5 years of service as a member there shall be deducted from the amount of that instalment the amount equal to 11½ per cent of an instalment of the aggregate of basic salary and additional salary before any deductions.

S. 14(2) inserted by No. 4/1996 s. 69(c), amended by No. 36/2019 s. 16(d)(e).

(2) After the first 20⋅5 years of service as a member, from each instalment of salary paid to a person pursuant to Part I who is an office holder specified in the Table in section 10(6) there is to be deducted from the amount of that instalment the amount equal to 11⋅5 per cent of that part of the instalment that is additional salary.

Pt 2 Div. 2 (Heading and s. 14A) inserted by No. 22/1996 s. 29(b).

Division 2—Existing benefits scheme

S. 14A inserted by No. 22/1996 s. 29(b), substituted by 78/2004 s. 3.