Pensions (Increase) Act, 1964

Amount to be reckoned in respect of emoluments.

5.—Where emoluments other than salary or weekly pay have been reckoned for a pension which is to be increased under section 3 or section 4 of this Act, or for a pension which, not having been increased under either of those sections, is to be increased under section 6 of this Act, the Minister, if he so thinks fit, may determine a revised amount of emoluments in relation to the pension, subject to a maximum of the amount produced if the emoluments were valued by reference to the rates appropriate to the emoluments on the specified date, and, if the Minister so determines a revised amount of emoluments in the case of a pension which, not having been increased under either of those sections, is to be increased under section 6 of this Act, the pension shall be recalculated by reference to the revised amount of emoluments before it is so increased.