The Pensions Increase (Speakers' Pensions) (Amendment) Regulations 1991

Explanatory Note

(This note is not part of the Regulations)

These Regulations amend the Pensions Increase (Speaker’s Pensions)Regulations 1972 as amended by the Pensions Increase (Speaker'sPensions) (Amendment) Regulations 1979 to remove the provisions that theincreases under the Pensions (Increase) Act 1971 added to the basicpension payable to or in respect of a past Speaker should not exceed thepension which would be payable to or in respect of the current Speakerif he ceased to hold that office. The Regulations also provide that thedeemed beginning date of the pension (namely the date of the lastincrease in the pension which would be payable to the current Speaker ifhe ceased to hold office) shall not, with the exception of the holder ofthe office at 28th February 1991, apply to future Speakers who cease tohold office after the 28th February 1991. The beginning date of thepensions of future Speakers will be the day following the last day ofservice in respect of which the pension is payable, in accordance withsection 8(2) of the 1971 Act.