3 Rates of pension.U.K.
(1)The amount of a pension which may be granted under section one of this Act shall be the amount prescribed by this section.
(2)In the case of a person retiring from the office of sheriff, the amount of his pension shall be as follows, that is to say—
[F1(a)where the period of his relevant service exceeds two years but is less than five years, six eightieths of his last annual salary;]
[F1(aa)]where the period of his relevant service is five years, one-fourth of his last annual salary;
(b)where that period exceeds five years but is less than fifteen years, one-fourth of that salary plus one-fortieth of that salary for each completed year of relevant service exceeding five;
(c)where that period is fifteen years or more, one-half of his last annual salary;
but in any case where that person has previously held the office of salaried sheriff-substitute, and where it is more favourable to him so to do, the amount of his pension shall be calculated in accordance with the provisions of the next following subsection; and for the purposes of that subsection the period of his relevant service shall be determined as if all that service had been in the office of salaried sheriff-substitute.
(3)In the case of a person retiring from the office of salaried sheriff-substitute, the amount of his pension shall be as follows, that is to say—
[F1(a)where the period of his relevant service exceeds two years but is less than five years, six eightieths of his last annual salary;]
[F1(aa)]where the period of his relevant service is five years, fifteen-eightieths of his last annual salary;
(b)where that period exceeds five years but is less than ten, fifteen-eightieths of that salary plus one-eightieth for each completed year of relevant service exceeding five;
(c)where that period is or exceeds ten years but is less than twenty, one-fourth of that salary plus one-fortieth for each completed year of relevant service exceeding ten;
(d)where that period is twenty years or more, one-half of his last annual salary.
Textual Amendments
F1Words substituted by Courts and Legal Services Act 1990 (c. 41, SIF 76:1), s. 83(5)