(1) Subject to the provisions of section 8, there shall be granted to any person who has held the office of Governor General, an annual pension equivalent to 2/3 of his or her highest annual salary as Governor General, with effect from the date on which he or she ceased to hold the office of Governor General or from 1 January 2005 whichever is later, and regardless of the length of service as Governor General.
(2) There shall be payable to any person who has held the office of the Governor General, a monthly living allowance of $2,000, with effect from the date on which he or she ceased to hold the office of Governor General or from 1 January 2005 whichever is later, and regardless of the length of service as Governor General.
(Amended by Act 18 of 2005)