Military Service Pensions (Amendment) Act, 1960

Increase of pensions.

1.—(1) A pension under the Military Service Pensions Acts, 1924 to 1953, shall be increased by six per cent.

(2) An increase under this section shall have effect from (and inclusive of) the day of the commencement of the pension or the 1st day of August, 1959, whichever is the later.

(3) In applying subsection (1) of this section where the pension is granted on or after the 1st day of August, 1959, the amount of the pension shall first be determined without regard to this section and that amount shall then be increased.