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Section 13: Acquired rights

Statutory Bodies Pension Funds Act

consolidated text (as at 2015, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

13. Acquired rights Where an officer who has been employed in the service of a statutory body before 1 July 1978 is entitled, as a condition of his employment, to retire after the age of 60 and to pension benefits more favourable than those provided in this Act, his rights shall be preserved, but that statutory body shall meet all emerging additional liabilities as determined by the actuary.

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