Document ID: chunk:federal_register_of_legislation:C1963A00102:body:0:p3
Version: federal_register_of_legislation:C1963A00102
Segment Type: other
Provision Reference: 
Character Range: 5048–7828

section twenty of this Act as it applied immediately after the increase having regard to his salary immediately after the increase is greater than the number of units of pension ascertained in accordance with that sub-section as it applied immediately before the increase having regard to his salary immediately before the increase, he may elect to contribute for additional units of pension but so that the total number of units does not exceed the first-mentioned number of units.".

(2.) The amendment made by paragraph (b) of the last preceding sub-section does not apply in relation to an employee who attained the maximum age for retirement before the date of commencement of this section or a pensioner who retired before that date, and sub-section (3.) of section nineteen of the Principal Act continues to apply in relation to such an employee or pensioner as if this Act bad not been enacted.

Scale of units of pension.
8. Section twenty of the Principal Act is amended—
        (a) by omitting sub-sections (2.) and (3.) and inserting in their stead the following sub-sections:—
       "(2.) Subject to this Act, the number of units of pension for which an employee shall contribute at any time is—
               (a) in the case of an employee to whom the next succeeding paragraph does not apply—
                      (i) if the salary of the employee at that time does not exceed the prescribed amount—the number of units ascertained in accordance with the formula  or
                      (ii) if the salary of the employee at that time exceeds the prescribed amount—the number of units ascertained in accordance with the formula  and
               (b) in the case of an employee—
                      (i) who became an employee on or after the fourteenth day of December, One thousand nine hundred and fifty-nine, and before the commencement of the Superannuation Act 1963 or becomes an employee after the commencement of that Act:

                      (ii) whose salary at that time exceeds One thousand three hundred pounds; and
                      (iii) the number of years of whose prospective service is less than twenty,
                the number of units, disregarding any fraction of a unit, ascertained in accordance with the formula
"(3.) For the purpose of the application at any time in relation to an employee of a formula contained in the last preceding sub-section—
      A is the number of pounds in the salary of the employee at that time or, if the number of pounds in the salary of the employee at that time is not a multiple of sixty-five, the next lower number that is such a multiple;
      B is the number of pounds in the prescribed amount;
      C is the number of pounds in the amount by which the salary of the employee at that