Section 3
Adjustment of pensions and other benefits of officers and dependants
of Pensions Adjustment Act 1980
Pensions and other benefits granted to officers and their dependants under any written law shall be adjusted annually by an increment of two percent in accordance with the provisions of this Act and shall be paid or be payable with effect from January of each year.
(2)
Notwithstanding subsection (1), where the application of the specified rate of increment would result in a situation that is less favourable to an officer appointed before the coming into force of this section, the
Yang di-Pertuan Agong may by order in the Gazette prescribe an appropriate higher percentage of increment to be applied in such case.
(3)
For the purpose of an order under subsection (2), the
Yang di-Pertuan Agong may prescribe—
(a)
different percentages of increment for different categories of recipients;
(b)
that the higher percentage of increment shall only apply for a specified year or any part thereof, and in such case, the date on which the adjustment shall be payable.
10 Laws of Malaysia ACT 238