Singapore legislation

Clause 13

of Home Affairs Uniformed Services Superannuation Bill

Clause 13

Purposes of Fund

The moneys in the Fund shall only be withdrawn and applied to meet any one or more of the following purposes:

(a)

the payment of any pension, gratuity, allowance, compensation or other like benefit granted under the INVEST Plan;

(b)

all expenses incidental to or arising from the administration, investment and management of moneys in the Fund; and

(c)

such other expenses relating to the granting of any pension, gratuity, allowance, compensation or other like benefit under the INVEST Plan and expressly provided by written law to be met out of the Fund.

Read in full context — Home Affairs Uniformed Services Superannuation Bill →