Singapore legislation

Clause 2

of Parliamentary Pensions (Amendment) Bill

Clause 2

Amendment of section 5

Section 5 of the Parliamentary Pensions Act is hereby amended by deleting subsection (2) thereof and substituting therefor the following: —“(2) For the purposes of this section, “annual salary” means —

(a)

where there has been no variation in the salary received by a Member throughout his reckonable service, the amount of annual salary received by him; or

(b)

where there have been one or more variations in the salary received by a Member (including a backbencher) during his reckonable service, one-third (1/3) of the total salary received by him in any thirty-six months (whether this period be continuous or otherwise) of his reckonable service when his salary was at its maximum point or points:Provided that in relation to a backbencher to whom a pension is to be granted under subsection (1) of section 4 of this Act, the allowance payable to him in respect of his service as a Member of Parliament shall not be regarded as part of his salary in computing such pension.”.