Pensions (Increase) Order 2008
PENSIONS (INCREASE) ORDER 2008
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BR 4/2009
PENSIONS (INCREASE) ACT 1972
1972 : 15
PENSIONS (INCREASE) ORDER 2008
The Minister of Finance, in exercise of the powers conferred
under section 2(2) of the Pensions (Increase) Act 1972, makes the
following Order:
Citation
1 This Order may be cited as the Pensions (Increase) Order 2008.
Increase of rates of pensions
2 The annual rate of pensions to which the Pensions (Increase) Act
1972 applies 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;
(e) the rate of pensions beginning in the half year period
ending on 30 June 2008 shall be increased by 2 per cent.
PENSIONS (INCREASE) ORDER 2008
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Made this 24th day of December, 2008
Minister of Finance
