The Pensions Increase (Annual Review) Order 1973

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—

“the 1971 Act” means the Pensions (Increase) Act 1971;

“the 1972 Order” means the Pensions Increase (Annual Review) Order 1972(1);

“basic rate” has the meaning given by section 17(1) of the 1971 Act;

“official pension” has the meaning given by section 5(1) of the 1971 Act;

“pension authority” has the meaning given by section 7(1) of the 1971 Act;

“qualifying condition” means one of the conditions laid down by section 3 of the 1971 Act.

(2) For the purposes of this Order the time when a pension “begins” is that stated in section 8(2) of the 1971 Act, and “beginning date” shall be construed accordingly.

(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 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) a pension beginning in the six months following 1st July 1972 may be increased by 10.4 per cent. of the basic rate;

(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.

Given under the official seal of the Minister for the Civil Service on 3rd August 1973.

L.S.

Kenneth Baker

Parliamentary Secretary to the Civil Service Department