Singapore legislation

Regulation 16

of Education Service Incentive Payment (CONNECT Plan) Regulations 2002

Regulation 16

Serving members

Subregulation 1

Subject to paragraph (2), where, on 1 January 2008, the length of service of a serving member as at that date is not more than 40 years, a contribution may be credited to his or her member’s account in any year in which, on 1 January of that year, his or her length of service is more than 30 years but not more than 40 years, in respect of his or her qualifying service in that year.

Subregulation 2

Where, on 1 January 2008, the length of service of a serving member as at that date is not more than 30 years, there must be credited to his or her member’s account a contribution of such amount in each such year as an Award Administrator may, with the approval of the Minister, specify from time to time by written notice to the member.

Subregulation 3

Where any contribution has been credited under paragraph (2) to the member’s account of a member who is a serving member as at 1 January 2008, the member may be granted an award out of those contributions of such amount in such year as an Award Administrator may, with the approval of the Minister, specify from time to time by written notice to the member.