The "ratio of increase" which shall apply to the pension originally granted to a retirant shall be calculated in accordance with the following percentages as determined by the calendar year in which the retirement became effective.
Year of Ratio of
Retirement Increase
1915 219\%
1916 198\%
1917 153\%
1918 116\%
1919 88\%
1920 62\%
1921 82\%
1922 94\%
1923 90\%
1924 90\%
1925 85\%
1926 84\%
1927 87\%
1928 89\%
1929 89\%
1930 94\%
1931 113\%
1932 138\%
1933 151\%
1934 143\%
1935 137\%
1936 134\%
1937 126\%
1938 130\%
1939 134\%
1940 132\%
1941 120\%
1942 99\%
1943 88\%
1944 85\%
1945 80\%
1946 66\%
1947 45\%
1948 35\%
1949 36\%
1950 35\%
1951 25\%
1952 22\%
1953 21\%
1954 21\%
L.1971, c. 277, s. 3.
Section 43:13-22.43: Increase in pension
Section 43:13-22.45: Payment of cost of increase by employer; appropriation of amounts certified; necessity
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