Schedule 1

FIRST SCHEDULERegulation 4(1) and (2)(On or after 1 April 1994 but before 1 July 1995) Retirement sum which a member is required to set aside under section 15(6) of the Act at the time the member withdraws the sum standing to the member’s credit in the Fund under section 15(2)(a) of the Act.First columnSecond columnThird columnCPF balance as at 55 years of age (excluding amount to be retained in medisave account)Amount entitled to be withdrawnAmount to be deposited or used in accordance with section 15(6C) of the Act(1)$11,900 or lessAllNil(2)More than $11,900 but not more than $23,800$11,900The remainder(3)More than $23,800 but not more than $70,800HalfHalf(4)More than $70,800All except $35,400$35,400.