Singapore legislation
Clause 16
Clause 16
Pension rights etc. to be preserved
(1)
The Board in making regulations under subsection (1) of section 23 of this Act relating to any pension, provident fund or other superannuation benefits which affect any person transferred to the service of the Board under section 15 of this Act shall in such regulations provide for the payment to such persons or their dependants of benefits not less in value than the amount of any pension, provident fund, gratuity or allowance for which such persons would have been eligible under the Pensions Act (Cap. 55) had they continued in the service of the Government and any such regulation relating to the length of service with the Board shall provide for the recognition of service under the Government by persons so transferred to be service by them under the Board.
(2)
Nothing in the regulations to be made under subsection (1) of section 23 of this Act shall adversely affect the conditions that would have been applicable to persons transferred to the service of the Board 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 Board under section 15 of this Act is a contributor under the Widows’ and Orphans’ Pensions Act (Cap. 58), 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 Board and for the purposes of that Act his service with the Board shall be deemed to be service with the Government and the Board shall have the right to make deductions from the salary of such person to be paid as contributions under that Act.
(4)
In every case where a person has been transferred to the service of the Board under subsection (1) of section 15 of this Act, the Government shall be liable to pay to the Board such portion of any gratuity, pension or allowance payable to such person or his dependants on his retirement, death or otherwise leaving the service of the Board 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 Board.