Advanced Search

Pensions (Public Service Superannuation Act 1981) (Increase) Order 2010

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 2010
FA E R
N

AT F
TQUO U

BERMUDA

PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1981) (INCREASE)
ORDER 2010

BR 92 / 2010

The Public Service Superannuation Board, in exercise of the powers conferred
under 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
This Order may be cited as the Pensions (Public Service Superannuation Act 1981)

(Increase) Order 2010.

Increase of rates of pensions
The annual rate of pensions payable under the Public Service Superannuation Act

1981 shall, with effect from 1 July 2010, be increased as follows—

the rate of pensions beginning on or before 30 June 2008 shall be increased
by 4 per cent;

the rate of pensions beginning in the half year period ending on 31
December 2008 shall be increased by 4 per cent;

the rate of pensions beginning in the half year period ending on 30 June
2009 shall be increased by 3 per cent;

the rate of pensions beginning in the half year period ending on 31
December 2009 shall be increased by 3 per cent;

the rate of pensions beginning in the half year period ending on 30 June
2010 shall be increased by 1 per cent.

1

2

(a)

(b)

(c)

(d)

(e)

1

PENSIONS (PUBLIC SERVICE SUPERANNUATION ACT 1981) (INCREASE)
ORDER 2010

Made this 22nd day of December, 2010



Chairman
Public Service Superannuation Board

2