Social Security Act (Cap. 318)

Social Security Act (Cap. 318), article 61

Official PDF on legislation.mt

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.

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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.