Singapore legislation

Section 8

of Widows’ and Orphans’ Pension Act 1904

Section 8

Exercise of option

(1)

Every contributor shall, at his option exercisable as is provided in this section, be entitled to —

(a)

cease to contribute and elect that his widow or his widow and children or his children, as the case may be, shall be entitled, on his death, to a pension, computed on the basis of the interest acquired by the contributor at the date of his ceasing to contribute in accordance with the Rules and Tables set out in the First Schedule;

(b)

cease to contribute and elect that he be paid —

(i)

a sum calculated in accordance with the Rules and Tables set out in the First Schedule if, at the time of his election, he is a contributor with a wife or wife and children or children, as the case may be;

(ii)

a sum calculated in accordance with section 14(a) if, at the time of his election, he is a bachelor; or

(iii)

a sum calculated in accordance with the Rules and Tables set out in the First Schedule and section 14(b) if, at the time of his election, he is a widower without children:Provided that the rights of every such contributor under this Act shall cease; or

(c)

elect to continue to contribute in accordance with the provisions of this Act.

(2)

The option shall be exercisable by written notification to the Permanent Secretary to the Ministry of Finance before the expiration of 6 months from 1 April 1965, and when so exercised shall be irrevocable.

(3)

For the purposes of subsection (1), a contributor shall be deemed to include a person from whose salary or pension deductions had been made in accordance with the provisions of this Act, until he attained the age of 65 years or had made contributions for 35 successive years.

Read in full context — Widows’ and Orphans’ Pension Act 1904 →