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Act 7, 1994 (VII) – Act anent Church’s Pension Fund. 24th May 1994.

1. The General Assembly enact that members of the Church’s Pension Scheme in receipt of salary and pension shall have their salary paid at the appropriate rate reduced by the amount of gross pension paid by the Pension Scheme as calculated prior to commutation.

2. The General Assembly agree that the Church’s Pension Scheme shall provide that, with effect from 1 January 1994, the normal retirement age for males and females be 65 but that present members may retire at any time on or after age 60, with the consent of the Church, with benefits based on pensionable service to date of retirement without reduction on account of early retirement.

3. The General Assembly hereby repeal paragraph 7 of Act X, 1990.