Judicial Pensions Act 1959

1 Rate of pension of holders of certain high judicial offices

(1) The amount of the pension which may be granted under the relevant pension enactment to a person retiring from any judicial office listed in the First Schedule to this Act when qualified for such a pension shall be the amount prescribed by this section.

(2) Where the period of the relevant service of any such person is fifteen years or more, the annual amount of the pension shall be one half of his last annual salary.

(3) Where the period of the relevant service of any such person is less than fifteen years, the annual amount of the pension shall be as follows, that is to say—

(a) if that period does not exceed five years, one quarter of his last annual salary;

(b) if that period exceeds five years, one quarter of that salary plus one fortieth of that salary for each completed year of relevant service exceeding five.