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


Published: 2009

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Pensions (Public Service Superannuation Act 1981) (Increase) Order 2008
PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1 9 8 1 )

(INCREASE) ORDER 2 0 0 8



1



BR 3/2009

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;

PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1 9 8 1 )

(INCREASE) ORDER 2 0 0 8



2



(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.







Made this 19th day of December, 2008







Chairman

Public Service Superannuation Board