Document ID: chunk:federal_register_of_legislation:F1997B02154:body:0:p3
Version: federal_register_of_legislation:F1997B02154
Segment Type: other
Provision Reference: 
Character Range: 5267–7979

be treated as one-tenth.

Increases in pensions.
" 111b. (1) Subject to this Part, if the all groups consumer price index number for the weighted average of the 6 State capital cities published by the Statistician in respect of the March quarter of the year immediately preceding a prescribed year exceeds the highest all groups consumer price index number for the weighted average of the 6 State capital cities published by the Statistician in respect of the March quarter of any earlier year, not being a year earlier than the year that commenced on 1 July 1974, a person who was in receipt of a pension immediately before the commencement of that prescribed year is entitled to an increase, as ascertained in accordance with this regulation, in the amount of the annual pension that was payable to him immediately before the commencement of that prescribed year.
" (2) The increase provided for by sub-regulation (1) in the amount of the annual pension payable to a person immediately before the commencement of a prescribed year is the prescribed percentage of the amount of that annual pension.
" (3) For the purposes of this regulation, the prescribed percentage is a percentage ascertained in accordance with the formula—

where—

     A is the all groups consumer price index number for the weighted average of the 6 State capital cities published by the Statistician in respect of the March quarter of the year immediately preceding the prescribed year; and
     B is the highest all groups consumer price index number for the weighted average of the 6 State capital cities published by the Statistician in respect of the March quarter of any year earlier than the year immediately preceding the prescribed year but not being earlier than the year that commenced on 1 July 1974.

Adjustment of increase in case of persons who become entitled to pension after previous increase.
" 111c. (1) Where a person would, but for this regulation, be entitled to an increase in the amount of the annual pension that was payable to the person immediately before the commencement of a prescribed year and—
      (a) that pension became payable by reason of the retirement of the person during the year immediately preceding that prescribed year;
      (b) where the pension was payable to the person as a widow—
          (i) that pension became payable by reason of the death before retirement of the husband of the person during the year immediately preceding that prescribed year; or
          (ii) the pension that was payable to the husband of the person became payable by reason of the retirement of that husband during the year immediately preceding that prescribed year; or
      (c) in the case of a pension