Revised Laws of Saint Lucia (2021)

7.   Rates of retiring allowance

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   (1)   In this section, Prime Minister means a legislator appointed as a—

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      (a)     Chief Minister or Premier before the coming into operation of the Constitution of Saint Lucia; or

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      (b)     a Prime Minister appointed under section 60 of the Constitution of Saint Lucia.

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   (2)   Subject to the provisions of this Act—

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      (a)     the retiring allowance payable to a Prime Minister shall be at a rate of ³/₅ of the highest annual salary paid to that Prime Minister;

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      (b)     the retiring allowance payable to a legislator other than a Prime Minister shall be ¹/₂ the highest annual salary paid to that legislator.

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   (3)   The retiring allowance paid to a legislator under this section shall be paid—

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      (a)     with effect from the date on which the legislator becomes entitled to it pursuant to section 5 and shall continue to be paid during the legislator's lifetime; and

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      (b)     monthly in arrears in equal instalments.