Pensions (Increase) Order 2006
PENSION (INCREASE) ORDER 2006


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BR 92 / 2006

PENSIONS (INCREASE) ACT 1972

1972 : 15

PENSIONS (INCREASE) ORDER 2006
The Minister of Finance, in exercise of the powers conferred

upon her by section 2(2) of the Pensions (Increase) Act 1972, makes the
following Order:

Citation
1 This Order may be cited as the Pensions (Increase) Order 2006.

Increase of rates of pensions
2 The annual rate of pensions to which the Pensions (Increase) Act
1972 applies shall, with effect from 1 July 2006, be increased as
follows—

(a) the rate of pensions beginning on or before 30 June 2004
shall be increased by 6½ per cent;

(b) the rate of pensions beginning in the half year period
ending on 31 December 2004 shall be increased by 6 per
cent;

(c) the rate of pensions beginning in the half year period
ending on 30 June 2005 shall be increased by 4½ per cent;

(d) the rate of pensions beginning in the half year period
ending on 31 December 2005 shall be increased by 3½ per
cent;

(e) the rate of pensions beginning in the half year period
ending on 30 June 2006 shall be increased by 1 per cent.



PENSIONS (INCREASE) ORDER 2006


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Made this 22nd day of December, 2006





Minister of Finance