Clause 25

Section 9 of the Pension Fund Act (Cap. 224A) is amended by inserting, immediately after subsection (2), the following subsection:“(3) The Minister may by warrant under his hand authorise the transfer to the INVEST Fund established under section 12 of the Home Affairs Uniformed Services Superannuation Act 2001 such moneys in the Pension Fund as the Minister may determine as the value of that part of the Pension Fund relating to all those public officers who opted in favour of joining the INVEST Plan established under that Act.”.