whichever is the
greater.
additional unit entitlement, in relation to a pensioner to whom
this section applies, means the number of units, if any, by which his adjusted
unit entitlement exceeds his actual unit entitlement.
"adjusted unit entitlement", in relation to a pensioner to whom this section
applies, means such number of units set out in column five of the First
Schedule to this Act as is applicable to the pensioner having regard to the
description set out in column one, two or three of that Schedule that applied
to the pensioner at the date of his retirement.
"the prescribed rate":
- (a)
- in relation to a pensioner to whom this section
applies and to whom pension is payable under section forty-five or
subsection (1) of section fifty-two of the Defence Forces Retirement
Benefits Act 1948-1958 means the rate of Thirty-two pounds ten shillings
per annum; and
- (b)
- in relation to a pensioner to whom this section applies
and to whom pension is payable under subparagraph (ii) of
paragraph (c) of subsection (2) of section fifty-two of that
Actmeans the rate of Sixteen pounds five shillings per annum;
or, where the actual unit contribution of the pensioner is less than his
actual unit entitlement, such rate as bears to the rate applicable to him
under paragraph (a) or (b) of this definition the same proportion as his
actual unit contribution bears to his actual unit entitlement.
- (3)
- Where the
adjusted unit entitlement of a pensioner to whom this section applies exceeds
his actual unit entitlement, the pensioner is, subject to this Act, entitled
to an increase in the pension that is payable to him, being an increase
calculated at the prescribed rate in respect of each unit included in his
additional unit entitlement.
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