Retirement on Pension at full Rate

(1) An officer who retires at the compulsory age for retirement in his rank and whose reckonable service is equal to or greater than the minimum qualifying service as set out in subregulation (3) may be granted a pension calculated in accordance with the provisions of subregulation (2). Rate. (2) A pension at full rate shall be calculated on the basis of seven days’ pay for each year of reckonable service at the average rate in issue to the officer over the three years immediately preceding the date of retirement. (3) The minimum period of service for the purposes of qualifying for a pension shall be 15 years.