Social Security Act (Cap. 318)
Social Security Act (Cap. 318), article 61
61. The pensionable income of a person who becomes entitled
to a Two-Thirds Pension under this Part and who immediately
before becoming so entitled was in receipt of a pension under
article 26, shall be that specifi ed in the Thirteenth Schedule to this
Act or, where the person concerned is entitled to a Service Pen sion,
the current wage or sal ary of the post on which his Service Pen sion
was awarded, whichever is the higher; and for this purpose the
"current wage or salary" shall be taken to be that current on the first
Saturday of the year in respect o f which any payment under this
article falls due.
Persons who have
partaken of an
early retirement as
a result of a
privatization
process.
Added by:
I. 2012.6.
Substituted by:
IX. 2013.6.
Amended by:
VII.2019.33.
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.