Reporter 28/4/99: Supplements to pensions (FSSU): Notice

Supplements to pensions (FSSU): Notice

26 April 1999

The Council give notice, on the authorization of the Committee of Vice-Chancellors and Principals and in accordance with the Pensions Increase (Review) Order 1999, of increases in the supplementation of pensions of retired University officers under the FSSU superannuation scheme, to be made with effect from 6 April 1999. For the purpose of determining the approved pension for retired University officers and hence their eligibility to receive a supplement under Regulation 6 or Regulation 10 of the regulations for supplements to pensions (Ordinances, 1979, p. 116), the method of calculation will be amended as follows:

With effect from 6 April 1999 each pension calculated in accordance with either Regulation 7 or Regulation 9 of the regulations for supplements to pensions, as increased by Notices of the Council (see Reporter, 1997-98, p. 608, for the most recent such Notice), will be further increased as follows:

For officers who retired
before 28 April 1998, by 3.20 per cent;
between 28 April and 27 May 1998, by 2.93 per cent;
between 28 May and 27 June 1998, by 2.67 per cent;
between 28 June and 27 July 1998, by 2.40 per cent;
between 28 July and 27 August 1998, by 2.13 per cent;
between 28 August and 27 September 1998, by 1.87 per cent;
between 28 September and 27 October 1998, by 1.60 per cent;
between 28 October and 27 November 1998, by 1.33 per cent;
between 28 November and 27 December 1998, by 1.07 per cent;
between 28 December 1998 and 27 January 1999, by 0.80 per cent;
between 28 January and 27 February 1999, by 0.53 per cent;
between 28 February and 27 March 1999, by 0.27 per cent.

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