SCHEDULE
Article 3(2)
Section 1 of the Pensions...
Pensions Increase (Annual Review) Order 1973
| Jurisdiction | UK Non-devolved |
| Citation | SI 1973/1370 |
| Year | 1973 |
1973 No. 1370
PENSIONS
The Pensions Increase (Annual Review) Order 1973
Made 3rd August 1973
Laid before Parliament 10th August 1973
Coming into Operation 1st December 1973
Whereas the Minister for the Civil Service has, in accordance with the provisions of section 2 of the Pensions (Increase) Act 1971, as amended by section 25 of the Superannuation Act 1972, reviewed the rates of official pensions against the rise in the cost of living during the review period, that is to say, the period of twelve months ending with 30th June 1973, and it has been found that in that period the cost of living has risen by 9.3 per cent.:
Now therefore the Minister for the Civil Service, in exercise of the powers conferred on him by sections 2 and 9(4) of the Pensions (Increase) Act 1971, as amended by section 25 of the Superannuation Act 1972, and of all other powers enabling him in that behalf, hereby makes the following Order:—
Citation and commencement
1. This Order may be cited as the Pensions Increase (Annual Review) Order 1973, and shall come into operation on 1st December 1973.
Interpretation
2.—(1) In this Order—
“” means
“” means1
“”
“”
“”
“” means
(2) and “”
(3) The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.
Pension increases
3.—(1) The annual rate of an official pension may, if any qualifying condition is satisfied, be increased by the pension authority in respect of any period beginning on or after 1st December 1973, as follows:—
(a)
(a) a pension beginning on or before 1st July 1972 may be increased by 9.3 per cent. of the basic rate as increased by the amount of any increase under section 1 of the 1971 Act or under the 1972 Order;
(b)
(b) a pension beginning in the six months following 1st July 1972 may be increased by 10.4 per cent. of the basic rate;
(c)
(c) a pension beginning in the six months following 1st January 1973 may be increased by 6.1 per cent. of the basic rate.
(2) For the purpose of showing the cumulative effect of the increases payable under section 1 of the 1971 Act, under the 1972 Order and under paragraph (1) above, that section, with the effect of the 1972 Order and paragraph (1) above incorporated in it, is set out in the Schedule to this Order.
Increases of certain lump sums
4. In respect of any lump sum or instalment of a lump sum which became payable in the six months ending with 1st July 1973, but for which the beginning date fell before 2nd January 1973, there may be paid an increase of 4.6 per cent. of the amount of the lump sum or instalment as increased by any increase under section 1 of the 1971 Act or under the 1972 Order.
Kenneth Baker
Parliamentary Secretary to the Civil Service Department
To continue reading
Request your trial