Singapore legislation

Section 4

of Pension Fund Act 1995

Section 4

Moneys payable into Pension Fund

(1)

There must be paid into the Pension Fund —

(a)

the sums appropriated from the Consolidated Fund and authorised to be paid into the Pension Fund by any written law to enable the Pension Fund to meet the liabilities of the Pension Fund;

(b)

all revenues of Singapore allocated by written law to the Pension Fund; and

(c)

the net income from investments of moneys in the Pension Fund authorised to be made by this Act or any other written law.

(2)

For the purposes of subsection (1)(c), the net income from investments is the amount ascertained by adding to, or deducting from, the income received from investments of moneys in the Pension Fund any profit derived or loss sustained (as the case may be) from the realisation of the investments.

Read in full context — Pension Fund Act 1995 →