Singapore legislation
Clause 8
Clause 8
Amendment of section 11
Section 11 of the principal Act is amended by deleting subsections (2) and (3) and substituting the following subsections:“(2) If a person to whom this section applies dies before attaining the age of 50 years, there may be paid to such of his dependants as the President may think fit or, if there are no dependants, to his legal personal representatives a gratuity as follows:
the commuted pension gratuity that might have been granted to the person under section 7(4) on his attaining the age of 50 years had he not died, from which gratuity there shall be a discount at the prescribed discount rate in respect of each year or part thereof falling between the date he would have attained the age of 50 years had he not died and the date of his death (both dates inclusive); or
an amount equal to his annual salary as defined in section 3(4),whichever is the greater.(3) If the President is satisfied that any person to whom this section applies is physically or mentally incapacitated so as to be unable to continue in any employment before he has attained the age of 50 years, the person may, at his option, be granted either of the following with effect from the date he so satisfies the President that he is so physically or mentally incapacitated, notwithstanding the fact that he has not attained the age of 50 years:
a full pension under section 3 or 4 without any gratuity; or
the commuted pension gratuity that might have been granted to the person under section 7(4) on his attaining the age of 50 years.”.