S.L. 318.24 Art. 3Increased percentage rates.

Every person who renounces to the aforementioned pension for a period of not less than one year from the date when he becomes eligible shall benefit from an increase in the rate of the pension from the date when he decides to start receiving the aforementioned pension in the following manner:

(a) an increase of 5% if he decides to receive the pension a year later;

(b) an increase of 10.5% if he decides to receive the pension after two years;

(c) an increase of 16.5% if he decides to receive the pension after three years; and

(d) an increase of 23% if one decides to receive the pension after four years.