Electricity (Supply) (Amendment) Act, 1952
Increase of certain pensions in respect of service ended before relevant date. |
4.—(1) This section applies to a pension of less than £450 a year (not being a pension to which section 16 of the Pensions (Increase) Act, 1950 (No. 3 of 1950), applies) which was granted in respect of service which ended before the relevant date and which was determined as a proportion of the remuneration of the person concerned. | |
(2) A pension to which this section applies shall, with effect from (and inclusive of) the 1st day of April, 1949, be increased by the lesser of the following:— | ||
(a) the appropriate sum, or | ||
(b) the amount which would make the pension equal to the pension which would be payable on retirement to the person concerned if, for the five years immediately preceding his retirement, he had been remunerated at the rate or scale of remuneration applicable to an employee of the Board of equivalent status and service on the relevant date. |