Advanced Search

Pensions (Public Service Superannuation Act 1981) (Increase) Order 2008

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
Pensions (Public Service Superannuation Act 1981) (Increase) Order 2008
PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1981)
(INCREASE) ORDER 2008



1



BR 81/2008

PENSIONS (INCREASE) ACT 1972

1972 : 15

PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1981)

(INCREASE) ORDER 2008


The Public Service Superannuation Board, in exercise of the
powers conferred uder 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 2008.

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 2008, be

increased as follows

(a) the rate of pensions beginning on or before 30 June
2006 shall be increased by 8½ per cent;

(b) the rate of pensions beginning in the half year period
ending on 31 December 2006 shall be increased by 8 per
cent;

(c) the rate of pensions beginning in the half year period
ending on 30 June 2007 shall be increased by 6 per
cent;

(d) the rate of pensions beginning in the half year period
ending on 31 December 2007 shall be increased by 4½
per cent;

PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1981)
(INCREASE) ORDER 2008



2



(e) the rate of pensions beginning in the half year period
ending on 30 June 2008 shall be increased by 2 per
cent.







Made this 19th day of December, 2008







Chairman
Public Service Superannuation Board