Commonwealth Consolidated Acts

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DEFENCE FORCES RETIREMENT BENEFITS ACT 1948 - SECT 45

Pension increase on officer retiring at age of 61 years or over

                   Where:

                     (a)  a contributor, being an officer, retires on or after the day on which he attains the age of 61 years;

                     (b)  the retiring age for the rank held by him is 60 years; and

                     (c)  he is entitled to a pension under section 38, or under subsection 52(1);

the amount of that pension shall be increased by an amount ascertained by multiplying the portion of the pension equivalent to the contributions paid by him to the Fund by:

                     (d)  if his age on retirement is less than 62 years--6%; or

                     (e)  in any other case--13%.



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