Sri Lanka Consolidated Acts

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Local Authorities Pensions (Special Provisions) Act (No. 4 of 1964) - Sect 4

Interpretation

4. In this Act- "local authority" means any Municipal Council, Urban Council, Town Council or Village Council; " Provincial Committee " and " District Committee " means a Provincial Committee and a District Committee, respectively, constituted under the Thoroughfares Ordinance and later dissolved under the Roads (Transfer of Control) Act. 1.
(a) Where the basic monthly pension (unreduced) is less than Rs. 50, such pension shall be increased by an amount equal to such pension, subject to maximum increase of Rs. 12.50.
(b) Where the basic monthly pension (unreduced) is not less than Rs. 50, but is less than Rs. 100, such pension shall be increased by an amount equal to 20 per centum of such pension.
(c) Where the basic monthly pension (unreduced) is not less than Rs. 100, but is less than Rs. 300, such pension shall be increased by an amount equal to 10 per centum of such pension.
(d) Where the basic monthly pension (unreduced) is not less than Rs. 300, but is less than Rs. 500, such pension shall be increased by an amount equal to 7 per centum of such pension.
(e) Where the basic monthly pension (unreduced) is not less than Rs. 500, such pension shall be increased by an amount equal to 5 per centum of such pension, subject to a maximum increase of Rs. 50.
2. Where the amount to which a pension may be increased in accordance with the provisions of paragraph 1 is less than the amount to which that pension might have been increased if it had been smaller, that pension shall be increased to the last-mentioned amount.1. 2. Where the amount to which a pension may be increased in accordance with the provisions of paragraph 1 is less than the amount to which that pension might have been increased if it had been smaller, that pension shall be increased to the last-mentioned amount.
(a) Where the basic monthly pension (unreduced) is less than Rs. 50, such pension shall be increased by an amount equal to such pension, subject to a maximum increase of Rs. 2.50.
(b) Where the basic monthly pension (unreduced) is not less than Rs. 50, but is less than Rs. 100, such pension shall be increased by an amount equal to 5 per centum of such pension.
(c) Where the basic monthly pension (unreduced) is not less than Rs. 100, but is less than Rs. 300, such pension shall be increased by an amount equal to 3 per centum of such pension.
(d) Where the basic monthly pension (unreduced) is not less than Rs. 300, but is less than Rs. 500, such pension shall be increased by an amount equal to 2 per centum of such pension.
(e) Where the basic monthly pension (unreduced) is not less than Rs. 500, such pension shall be increased by an amount equal to 1 per centum of such pension, subject to a maximum increase of Rs. 12.50.


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