Superannuation Act (No. 2) 1965

2 Commencement.

2. This Act shall come into operation on the fourteenth day of February, One thousand nine hundred and sixty-six.

3 Parts.

3. This Act is divided into Parts, as follows:—

4 Schedules to Principal Act.

4. The Third, Fourth, Fifth and Sixth Schedules to the Principal Act are repealed and the Schedules set out in the First Schedule to this Act are inserted in their stead.

5 Additional amendments of the Principal Act.

5. The Principal Act, as amended by the last preceding section, is amended as set out in the Second Schedule to this Act.

6 Definitions.

6. In this Part—

“decimal currency” means the currency provided for by the Currency Act 1965;

“the commencing date” means the date of commencement of this Act;

“the Fund” means the Superannuation Fund;

“the previous currency” means the currency provided for by the Coinage Act 1909–1947.

Calculations of currency equivalents.

7.—(1.) For the purposes of this Part, the amount of money in decimal currency that corresponds to an amount of money in the previous currency shall, subject to the next succeeding sub-section, be calculated on the basis of the equivalents specified in sub-section (4.) of section 8 of the Currency Act 1965.

(2.) Where an amount of money in the previous currency is an amount of pounds, shillings and pence, pounds and pence, shillings and pence or pence, the corresponding amount in decimal currency shall be calculated on the basis that an amount of pence specified in the first column of the table set out in sub-section (3.) of Currency Act 1965 corresponds to the amount of cents specified in the second column of that table opposite to that amount of pence.section 11 of the

8 Conversion of certain contributions to decimal currency.

8. Where—

(a) a person was, immediately before the commencing date, required—

(i) to make contributions to the Fund under sub-section (4.) of section 26 of the Principal Act; or

(ii) to make contributions to the Fund calculated otherwise than by reference to any of the tables in the Schedules to the Principal Act; and

(b) he is, after the commencement of this Act, required to continue to make contributions of that kind to the Fund,

the rate in decimal currency of those contributions shall, notwithstanding anything contained in the Principal Act as amended by this Act, be the rate corresponding to the rate in the previous currency that would, but for the enactment of the Currency Act 1965 and this Act, have been the rate of those contributions.

9 Payment of existing pensions in decimal currency.

9. Where a pension was payable under the Principal Act to or in respect of a person immediately before the commencing date, the amount of any payment of that pension in decimal currency after the commencement of this Act shall be the amount that corresponds to the amount in the previous currency that would, but for the enactment of the Currency Act 1965 and this Act, have been payable.

Employees paid in sterling.

10.—(1.) Where—

(a) a person was, immediately before the commencing date, required to make contributions to the Fund in respect of units of pension;

(b) sub-section (1.) of section 144 of the Principal Act applied for the purpose of calculating those contributions; and

(c) he is required to continue to make contributions to the Fund in sterling in respect of those units of pension after the commencement of this Act,

the rate of those contributions shall, notwithstanding anything contained in the Principal Act as amended by this Act, be the rate that would, but for the enactment of the Currency Act 1965 and this Act, have been the rate of those contributions.

(2.) Where—

(a) a pension was payable under the Principal Act to or in respect of a person immediately before the commencing date; and

(b) sub-section (1.) of section 144 of the Principal Act applied for the purpose of calculating that pension,

the amount of any payment of that pension in sterling after the commencement of this Act shall be the amount that would, but for the enactment of the Currency Act 1965 and this Act, have been payable.

Schedule to Superannuation Act 1963.

11.—(1.) The Schedule to the Superannuation Act 1963 is repealed and the Schedule set out in the Third Schedule to this Act is inserted in its stead.

(2.) The Superannuation Act 1963, as amended by this Act, may be cited as the Superannuation Act 1963–1965.

THE SCHEDULES

——

FIRST SCHEDULE Section 4.

“THIRD SCHEDULE Section 23 (1.).

Rates of Contribution

Table I.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Third Schedule—continued

Table II.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Third Schedule—continued

Table III.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Third Schedule—continued

Table IV.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Third Schedule—continued

Table V.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Third Schedule—continued

Table V.—continued

First Schedule—continued

“Third Schedule—continued

Table VI.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Third Schedule—continued

Table VI.—continued

First Schedule—continued

“Third Schedule—continued

Table VII.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Third Schedule—continued

Table VII.—continued

First Schedule—continued

“Third Schedule—continued

Table VIII.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Third Schedule—continued

Table VIII.—continued

First Schedule—continued

“Third Schedule—continued

Table IX.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies) where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Third Schedule—continued

Table X.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Third Schedule—continued

Table XI.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies) where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a retiring age of 60 years and the age next birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Third Schedule—continued

Table XII.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Third Schedule—continued

Table XIII.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (b) of sub-section (3.) of section 23 applies) where the Obligation to Contribute to the Fund came into existence before 14th December, 1959, but the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came or comes into existence.

First Schedule—continued

“Third Schedule—continued

Table XIV.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension where the Obligation to Contribute to the Fund came into existence on or after 14th December, 1959, but the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came or comes into existence.

First Schedule—continued

“Third Schedule—continued

Table XV.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a retiring age of 65 years and the Age next Birthday of the Contributor when that Obligation came or comes into existence.

First Schedule—continued

“Third Schedule—continued

Table XVI.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (b) of sub-section (3.) of section 23 applies) where the Obligation to Contribute to the Fund came into existence before 14th December, 1959, but the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came or comes into existence.

First Schedule—continued

“Third Schedule—continued

Table XVII.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension where the Obligation to Contribute to the Fund came into existence on or after 14th December, 1959, but the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came or comes into existence.

First Schedule—continued

“Third Schedule—continued

Table XVIII.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a retiring age of 60 years and the Age next Birthday of the Contributor when that Obligation came or comes into existence.

First Schedule—continued

“FOURTH SCHEDULE Section 23 (3.)

Table I.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies, based on the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Fourth Schedule—continued

Table II.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension to which paragraph (b) of sub-section (3.) of section 23 applies, based on the Age next Birthday of the Contributor when the Obligation to Contribute for those Units comes into existence.

First Schedule—continued

“FIFTH SCHEDULE Section 26.

Rates of Additional Contribution, in respect of each Unit of Pension, to be paid Fortnightly by Male Contributors for an Additional Widow’s Pension, based on the Age next Birthday of the Contributor on 17th December, 1959.

First Schedule—continued

“SIXTH SCHEDULE Section 23 (1.).

Reduction in Rates of Contribution

Table I.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (other than Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table I.—continued

First Schedule—continued

“Sixth Schedule—continued

Table II.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (being Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table II.—continued

First Schedule—continued

“Sixth Schedule—continued

Table III.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table III.—continued

First Schedule—continued

“Sixth Schedule—continued

Table IV.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (other than Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table IV.—continued

First Schedule—continued

“Sixth Schedule—continued

Table V.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (being Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table V.—continued

First Schedule—continued

“Sixth Schedule—continued

Table VI.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table IV.—continued

First Schedule—continued

“Sixth Schedule—continued

Table VII.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (other than Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table VII.—continued

First Schedule—continued

“Sixth Schedule—continued

Table VIII.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (being Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table VIII.—continued

First Schedule—continued

“Sixth Schedule—continued

Table IX.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table IX.—continued

First Schedule—continued

“Sixth Schedule—continued

Table X.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (other than Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table X.—continued

First Schedule—continued

“Sixth Schedule—continued

Table XI.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (being Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table XI.—continued

First Schedule—continued

“Sixth Schedule—continued

Table XII.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table XII.—continued

First Schedule—continued

“Sixth Schedule—continued

Table XIII.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies) where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 65 years and the age next birthday of the contributor when that obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table XIV.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table XV.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies) where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table XVI.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

First Schedule—continued

“Sixth Schedule—continued

Table XVII.

Reduction in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors for Units of Pension to which Section 23 (3.) (a) applies, based on the age next birthday of the contributor when the Obligation to Contribute for those Units came into existence.

SECOND SCHEDULE Section 5.

Amendments of the Principal Act

Second Schedule—continued

THIRD SCHEDULE Section 11.

“THE SCHEDULE Sections 27 and 28.