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ANTIGUA __________ ARRANGEMENT OF REGULATIONS |
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| ANTIGUA
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STATUTORY RULES AND ORDERS 1973, No. 40. _____
Social Security (Benefits) (Age Pensions and Grants) Regulations, 1973 dated 18th day of September, 1973 made by the Minister under sections 29, 30 and 31 of the Social Security Act, 1972 (3 of 1972). |
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| 1 | These regulations
may be cited as the Social Security (Benefits) Age Pensions and Grants)
Regulations, 1973 and shall come into operation on the 24th day of
September, 1973. |
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| 2 | In these regulations,
unless the context otherwise requires-
Average earnings@ for the purpose of computing age benefits means the average annual insurable earnings in the five calendar years immediately preceding the year in which a person attains the age of sixty years: Provided however that in the case of an insured person who has contributed for less than 5 calendar years the average earnings shall be the average earnings over the number of completed calendar years being less than 5; and
Annual insurable earnings@ in any year for the purposeof computing average earnings means the total earnings in those weeks for which contribution are paid, increasedin the proportion that 52 bears to the number of weeklycontributions paid in that year subject to a maximum oftwelve thousand dollars: Provided however that a year or years in which the insuredperson contributed less than 13 weekly contributions of themonthly equivalent shall be ignored for the purpose of computing average earnings and that year or years shall bereplaced by the last year or years before the period of fiveyears preceding age 60 in which 13 weekly contributionsor the monthly equivalent or more were paid. |
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| 3 | Subject to the provisions
of these regulations age benefit shall be paid in respect of any insured
person who attains the age of 60 years.
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| 4 |
Age benefit shall consist of-
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| 5 | Subject to
regulation 6, a person shall be entitled to an age Age pension. pension
if he has-
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| 6 | A person who does
not satisfy the conditions of regulation 5 shall nevertheless be entitled
to an age pension if-
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| 7 | The pension payable
in respect of a person entitled under regulation 5 shall be paid at
an annual rate of twenty-fiveper centum of the average earnings increased
by one percentum of such average earnings in respect of each complete
fifty weekly contributions (or the monthlyequivalent thereof) in excess
of the contributions mentionedin regulation 5 (b):
Provided that in no case shall an age pension exceed fifty percentum
of the average earnings:
And further provided that in no case shall the average earningsexceed
one hundred and ten per centum of the annual insurableearnings in
the first year over which the average is taken. |
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| 8 | The annual
rate of pension payable in respect of a person eligible under regulation
6 shall be twenty-five per centum of the average earnings subject
to a minimum rate of pension of 6 dollars per week and a maximum rate
of pension of 15 dollars per week |
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| 9 | Subject to regulation
11, a person who does not qualify for an age pension under regulation
5 or 6 shall be entitled to an age grant if-
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| 10 | The rate of age
grant payable in respect of a person entitled under regulation 9 shall
be either-
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| 11 | Where the first
contribution was paid in respect of a person substituted for 52 in
regulation 9 (b). |
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Made this 18 day of September, 1973 |
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Donald Halstead
Minister of Home Affairs and Labour. |
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