Clause 3

Subject to the provisions of this Act, a person who, after the date of the coming into operation of this Act, ceases to be a Member shall be granted a pension under this Act if he has completed ten years’ reckonable service (whether continuously or in two or more separate periods) when he so ceases and has then attained or thereafter attains the age of fifty years.

A pension under subsection (1) of this section shall continue for the life of the person to whom it is payable but, except as provided in section 4 of this Act, shall not be payable in respect of any period during which he is again a Member and is in receipt of a salary in respect of his service as a Member.

For the purpose of calculating the number of completed years of a Member’s reckonable service, all periods of reckonable service shall be aggregated.