Issued by: Department of finance
13 MARCH 1997
The Minister of Finance has approved civil pension increases as follows for the 1997/98 financial year:
- the pensions of all civil pensioners who retired prior to 1 April 1996 are to be increased by 6,6 per cent with effect from 1 April 1997;
- the pensions of all civil pensioners who retired after 1 April 1966 are to be increased by 0,55 per cent with effect from 1 April 1997 for each completed month since retirement calculated up to 31 march 1997.
The increase of military pensions will be announced at a later stage.
Department of Finance Cape Town 13 March 1997