S.L. 318.26 Art. 3Basic wage or salary and net earnings.

These amendments refer:

(a) in the case of an employed person, where the basic wage or salary of the year 2020 shall be considered for Pensionable Income purposes, and the basic wage or salary in between January and February 2020 has thereafter decreased in any period from March to December 2020 due to the Covid-19 pandemic, the basic wage or salary of between January and February 2020 shall be annualised and the result shall be considered to be the annual basic wage or salary for the whole of the year 2020 for Pensionable Income purposes;

(b) in the case of a self-occupied person, where the net earnings in the year 2020 shall be considered for Pensionable Income purposes, and if such net earnings have decreased in the year 2020 compared to the net earnings of the year 2019 due to the Covid-19 pandemic, the net earnings for the year 2020 shall be considered to have been equal to those net earnings declared in the year 2019 for Pensionable Income purposes.