Singapore legislation

Clause 31

of Urban Redevelopment Authority Bill

Clause 31

Pension rights, etc., to be preserved

(1)

The Authority in making regulations under subsection (1) of section 30 relating to any pension, provident fund or other superannuation benefits which affect any person transferred to the service of the Authority under paragraph (b) of subsection (1) of section 12 shall in such regulations provide for the payment to such person or his dependants of benefits not less in value than the amount of any pension, provident fund, gratuity or allowance for which such person would have been eligible under the Pensions Act (Cap. 55) had he continued to be in the service of the Government and any such regulations relating to the length of service with the Authority shall provide for the recognition of service under the Government by a person so transferred to be service by him under the Authority.

(2)

Nothing in the regulations to be made under subsection (1) of section 30 shall adversely affect any condition that would have been applicable to persons transferred to the service of the Authority from their service with the Government as regards any pension, gratuity or allowance under the Pensions Act.

(3)

In every case where a person has been transferred to the service of the Authority under paragraph (b) of subsection (1) of section 12, the Government shall be liable to pay to the Authority 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 Authority 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 Authority.

(4)

Where any person in the service of the Authority whose case does not come within the scope and effect of any pension or other schemes established under section 30, retires or dies in the service of the Authority or is discharged from such service, the Authority may grant to him or to such other person or persons wholly or partly dependent on him, as the Authority may think fit, such allowance or gratuity as the Authority may determine.