S1.—(1) Any person who has held the office of First Minister or Presiding Officer shall, on ceasing to hold that office and subject to paragraph (2), be entitled to receive a pension under this article.
(2) No pension shall be payable under this article to any person so long as he is in receipt of any salary charged or payable out of–
(a)the Scottish Consolidated Fund other than a salary payable in respect of his membership of the Parliament; or
(b)the Consolidated Fund or out of monies provided by Parliament other than a salary payable in respect of his membership of the House of Commons.
(3) The annual amount of a pension payable under this article shall be equal to one half of the salary payable in respect of the office in question at the rate in force on the person’s ceasing to hold that office.
S2. In relation to a person who has held the office of First Minister or Presiding Officer and has died, articles K1 and K2 shall have effect as if–
(a)he had at the time of his death been entitled to receive a pension under article F1 (whether or not he had been a participating member); and
(b)the annual amount of that pension had been that specified in article S1(3).
S3. Any pension payable under article S1 or S2 shall be charged on and paid out of the Scottish Consolidated Fund.