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FRIDAY, NOVEMBER 11, 1988
NEW PENSION SCHEME FOR JUDICIAL OFFICERS PROPOSED
THE GOVERNMENT PROPOSES TO INTRODUCE A NEW PENSION SCHEME FOR MEMBERS OF THE JUDICIARY, DETAILS OF WHICH ARE CONTAINED IN THE PENSION BENEFITS (JUDICIAL OFFICERS) BILL 1988 GAZETTED TODAY (FRIDAY).
A GOVERNMENT SPOKESMAN SAID THE NEW SCHEME WAS TO ASSIST THE RECRUITMENT AND RETENTION OF JUDICIAL OFFICERS OF HIGH QUALITY AND SPECIFICALLY TO ATTRACT MORE LOCAL LAWYERS TO THE JUDICIARY.
THE PROPOSALS COVERING THEIR RETIREMENT AGES AND PENSION ARRANGEMENTS ARE AS FOLLOWS:
THE RETIREMENT AGE FOR JUDICIAL OFFICERS WILL
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REMAIN AT 65 FOR SUPREME COURT JUDGES;
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BE RAISED FROM 60 TO 65 FOR DISTRICT COURT JUDGES
APPOINTED
ON OR AFTER JANUARY 1, 1987, BUT REMAIN AT 60 FOR THOSE APPOINTED BEFORE THAT DATE;
BE RAISED TO 65 FOR REGISTRAR AND DEPUTY REGISTRAR, COURT; AND
BE 60 FOR ASSISTANT REGISTRARS, MEMBER, JUDICIAL OFFICERS PRESIDING OVER SPECIALISED MAGISTRATES.
THE PENSION ARRANGEMENTS WILL MIRROR THE NEW
FOR THE CIVIL SERVICE WHICH PROVIDES FOR OFFICERS TO
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BE ELIGIBLE FOR PENSIONS AS OF RIGHT;
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SUPREME
LAND TRIBUNAL,
TRIBUNALS AND
PENSION SCHEME
THEIR ANNUAL SALARIES FOR BACH
EARN PENSION AT 1/675 OF
MONTH OF PENSIONABLE SERVICE;
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COMMUTE UP TO 50 PER CENT OF PENSION INTO A LUMP SUM PENSION GRATUITY; AND
BE ELIGIBLE FOR A DEFERRED PENSION ON RESIGNATION AFTER NOT LESS THAN 10 YEARS' SERVICE.
IN ADDITION, TWO SPECIAL FEATURES WILL BE INTRODUCED TO -
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INCREASE PENSIONABLE SERVICE AT THE RATE OF ONE MONTH FOR EACH MONTH OF SERVICE AFTER THE AGE OF 50; AND
GRANT A MINIMUM PENSION EQUIVALENT TO ONE QUARTER OF SALARY TO OFFICERS RETIRED ON MEDICAL GROUNDS,
"THE PROPOSALS