PENSIONS (AMENDMENT) ACT 2011

This Act comes into operation on 1 January 2012.

Amendment of section 6

in subsection (5), by substituting for the words “fifty-eight” the word “sixty”;

in subsection (5a), by substituting for the words “1 July 2008” and “fifty-eight” the words “1 January 2012” and

“sixty” respectively;

in subsection (5b)—

by substituting for the words “fifty-eight” and

“1 July 2008” the words “sixty” and “1 January 2012” respectively; and

in subsection (5c), by substituting for the words “fifty-eight” the word “sixty”.

Amendment of section 10

in subsection (1), by substituting for the words “fifty-eight” the word “sixty”;

in subsections (2) and (3), by substituting for the words

“or fifty-eight” the words “, fifty-eight or sixty”;

in subsection (7), by substituting for the words “fifty-eight” and “1 July 2008” the words “sixty” and

“1 January 2012” respectively;

in subsection (8), by substituting for the words “fifty-eight” and ”1 July 2008”, wherever they appear, the words “sixty” and “1 January 2012” respectively; and

in subsection (9), by substituting for the words “fifty-eight” the word “sixty”.

Pensions (Amendment)

5

Amendment of section 12

in subsection (3), by substituting for the words “fifty-eight” the words “fifty-five”;

by deleting subsection (3b); and

in subsection (4), by substituting for the words “, fifty-five years of age, fifty-six years of age or fifty-eight years of age” the words “or fifty-five years of age”.

Amendment of section 12a

in subsection (2), by substituting for the words “fifty-eight” the word “sixty”; and

by substituting for subsection (2a) the following subsection:

“(2a)  Where an officer referred to in subsection (2)

who was appointed before 1 January 2012 had been  given an option before such date and had not opted  for the compulsory age of retirement of sixty years, subsection (2) shall apply to him with the words

‘fifty-five’ or ‘fifty-six’ or ‘fifty-eight’, as the case may be, being substituted for the word ‘sixty’.”.

Amendment of section 15

in paragraph (1)(b), by substituting for the words “twelve and a half years”, wherever they appear, the words

“twenty years”; and

in subsection (2), by deleting the words “20 or”.

Amendment of section 19

by deleting the word “or” at the end of paragraph (a);

by substituting for the full stop at the end of paragraph

the word “; or”; and

by inserting after paragraph (b) the following paragraph:

“(c) an order of a court issued in relation to bankruptcy matters under any written law relating to it.”.

Deletion of section 20

in subsection (2), by substituting for the words “fifty-eight” the word “sixty”; and

by substituting for subsection (2a) the following subsection:

“(2a)  Where an officer referred to in subsection (2)

who was reappointed before 1 January 2012 had been given an option before such date and had not opted for the compulsory age of retirement of sixty  years, subsection (2) shall apply to him with the words ‘fifty-five’ or ‘fifty-six’ or ‘fifty-eight’, as the case may be, being substituted for the word ‘sixty’.”.

Amendment of section 25

has optionally retired;

has exceeded the age of fifty-five years; and

has attained his compulsory age of retirement.

The grant of a pension to an officer who before 1 January 2012—

The payment of derivative pension or derivative retiring allowance in consequence of the amendments made under sections 7 and 11 of this Act to any person prescribed in the regulations, if the period of twelve and a half years has expired before 1 January 2012, shall be dealt with as follows: