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Pensions (Amendment) (No. 2) Act 1986

FIJI

PENSIONS (AMENDMENT) (NO 2) ACT 1986

ACT No. 28 OF 1986

I assent.

[L.S.]

P. K. GANILAU
Governor-General

16th December 1986

AN ACT

TO AMEND THE PENSIONS ACT, 1983

Act No. 11 of 1983

[16th December 1986]

ENACTED by the Parliament of Fiji-

Short title

1. This Act may be cited as the Pensions (Amendment) (No. 2) Act, 1986.

Interpretation

2. In this Act the Pensions Act, 1983 is referred to as the principal Act.

Computation where an officer or soldier elects to contribute to the Fiji National Provident Fund

3.-(1) Section 41B of the principal Act is amended by repealing subsection (1) and substituting the following subsection-

“41B.-(1) Where an officer or soldier elects under section 41A to contribute to the Fiji National Provident Fund and selects the option that a gratuity be computed under this subsection and paid to his credit in that Fund, that gratuity is to be an amount equal to 3.125 times the pension computed in accordance with subsection (2); or

(a) in the case of an officer who has completed at least 5 years, but less than 20 years, qualifying service an amount not exceeding one month’s pay for each complete year of his service;

(b) in the case of a soldier who has completed a minimum period of 12 years continuous service in the regular force, an amount equal to one year’s pay for the rank the soldier held at the date of his election,

whichever is the greater.”.

(2) The amendment to the principal Act made by subsection (1) shall be deemed to have come into force on 1 October 1986.

Passed by the House of Representatives this twenty-fifth day of November, in the year of our Lord one thousand, nine hundred and eighty-six.

Passed by the Senate this tenth day of December, in the year of our Lord one thousand, nine hundred and eighty-six.

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