Malaysia legislation
Section 20
Section 20
(2)
Subject to subparagraph (1), where a Member is granted a pension only upon attaining the age of fifty years by reason of him becoming a Member for the first time on or after 1 July 1990 and has ceased to be a Member upon completing thirty-six months of reckonable service but has not attained the age of fifty years on the date he ceases to be a Member, his pension shall be adjusted by an increment of two per cent beginning from the second year he is granted the pension.
(3)
The pension that has been adjusted under subparagraph (1) shall be payable from 1 January 2014.
(4)
A pension or derivative pension which is granted to—
(a)
a person who ceased to be a Member; or
(b)
the dependants of a deceased Member, prior to 1 January 2014, shall first be adjusted in accordance with the First
Schedule to the Act until 31 December 2013 as if the First Schedule has not been amended by this Order, before the readjustment of the pension or derivative pension is made in accordance with subparagraph (1).
Act 237
(5)
Any pension or derivative pension which has been adjusted pursuant to subparagraph (4) shall be recalculated in accordance with subparagraph (1)
and shall be payable from 1 January 2014.
(6)
The provisions of subparagraph (4) shall apply mutatis mutandis to the pension payable under subparagraph 2(b) of the Tunku Abdul Rahman Putra
Al-Haj Pension Act 1971 [Act 22] as if it were a pension under this Schedule and paragraphs 5 and 6, as the case may be, shall apply.
Benefits for former Prime Ministers