XN000022-1973-06-11 — Page 4

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Monday, June 11, 1973

PENSIONS INCREASED BY THREE PER CENT

Approval has been given for a three per cent ex-gratia increase in

government pensions with effect from April 1, 1972.

Government pensioners whose first day of retirement was on or

before April 1, 1972 and have reached the age of 55 or more will be granted

the increase.

Those pensioners who retired after that date will not be eligible

for the increase but their pensions will be adjusted to take into account

the recent government salary changes.

Widows and Orphans pensions in payment on April 1 last year will

also be increased on an ex-gratia basis by three per cent with effect from

that date.

The increase in pensions will cost approximately $3 million for

the current financial year.

Pensioners who are eligible for the revised benefits will receive

them in their payments for September, 1973.

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