|
|
Increase of scheduled (Part III) pension.
|
5.—(1) A scheduled (Part III) pension which is less than the amount specified in subsection (2) of this section shall be increased to that amount.
|
|
| |
(2) The amount referred to in subsection (1) of this section is—
|
|
| |
(a) the amount obtained by—
|
|
| |
(i) recalculating the pension in question by reference to a cost-of-living index figure of 185, and
|
|
| |
(ii) increasing such pension, as so recalculated, by the appropriate sum, or
|
|
| |
(b) the amount obtained by recalculating the pension in question by reference to a cost-of-living index figure of 270,
|
|
| |
whichever is the less.
|
