Pensions (Public Service Superannuation Act 1981) (Increase) Order 2006
PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1981)
(INCREASE) ORDER 2006


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BR 93 / 2006

PENSIONS (INCREASE) ACT 1972

1972 : 15

PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1981)
(INCREASE) ORDER 2006


The Public Service Superannuation Board, in exercise of the
powers conferred upon it by section 2(2) of the Pensions (Increase) Act
1972 as applied by section 3(4) of the Public Service Superannuation Act
1981, makes the following Order:

Citation
1 This Order may be cited as the Pensions (Public Service
Superannuation Act 1981) (Increase) Order 2006.

Increase of rates of pensions
2 The annual rate of pensions payable under the Public Service
Superannuation Act 1981 shall, with effect from 1 July 2006, be
increased as follows ⎯

(a) the rate of pensions beginning on or before 30 June
2004 shall be increased by 6½ per cent;

(b) the rate of pensions beginning in the half year period
ending on 31 December 2004 shall be increased by 6 per
cent;

(c) the rate of pensions beginning in the half year period
ending on 30 June 2005 shall be increased by 4½ per
cent;

(d) the rate of pensions beginning in the half year period
ending on 31 December 2005 shall be increased by 3½
per cent;

PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1981)
(INCREASE) ORDER 2006


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(e) the rate of pensions beginning in the half year period
ending on 30 June 2006 shall be increased by 1 per
cent.





Made this 18th day of December, 2006





Chairman
Public Service Superannuation Board