Section 6

by substituting for subsection (2) the following subsection:

“(2)  The derivative pension or derivative retiring allowance granted under subsection (1) shall be adjusted in accordance with subsection 3(1).”;

by inserting after subsection (2) the following subsections:

“(2a)  The amount of derivative pension or derivative retiring allowance to be used as the basis for the first of the adjustments under subsection 3(1) shall be the amount of derivative pension or derivative retiring allowance which had been adjusted until 31 December 2012.

Notwithstanding subsection (2a), where a dependant is eligible to be granted a derivative pension or derivative retiring allowance under subsection (1) but has not been paid such derivative pension or derivative

Pensions Adjustment (Amendment)

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retiring allowance as at 1 January 2013, the adjustment of the derivative pension or other benefits shall first be made until 31 December 2012 in accordance with this section and other related provisions which were in operation before 1 January 2013 before it is adjusted in accordance with subsection 3(1).

The adjustment referred to in subsection (2) is subject to any higher percentage of increment which may be made under subsection 3(2).”; and