Singapore legislation
Section 29
Section 29
Pension rights, etc., of Government employees transferred to Corporation to be preserved
(1)
The Corporation in making regulations under section 11(1) relating to any pension, provident fund or other superannuation benefits which affect any person transferred to the service of the Corporation under section 28, shall, in those regulations, provide for the payment to those persons or their dependents of benefits not less in value than the amount of pension, provident fund, gratuity or allowance for which those persons would have been eligible under the Pensions Act [Cap. 225] had they continued in the service of the Government; and any such regulations relating to the length of service with the Corporation shall provide for the recognition of service under the Government by persons so transferred to be service by them under the Corporation.
(2)
Nothing in the regulations to be made under section 11(1) shall adversely affect the conditions that would have been applicable to persons transferred to the service of the Corporation from their service with the Government as regards any pension, gratuity or allowance payable under the Pensions Act.
(3)
Where any person who is transferred to the service of the Corporation under section 28 is a contributor under the Widows’ and Orphans’ Pensions Act [Cap. 350], he shall, for the purposes of that Act, continue to make contributions under that Act as if he had not been transferred to the service of the Corporation and, for the purposes of that Act, his service with the Corporation shall be deemed to be service with the Government, and the Corporation shall have the right to make deductions from the salary of that person to be paid as contributions under that Act.
(4)
In every case where a person has been transferred to the service of the Corporation under section 28, the Government shall be liable to pay to the Corporation such portion of any gratuity, pension or allowance payable to that person on his retirement or otherwise leaving the service of the Corporation as the same shall bear to the proportion which the aggregate amount of his pensionable emoluments during his service with the Government bears to the aggregate amount of his pensionable emoluments during his service under both the Government and the Corporation.