Singapore legislation

Clause 6

of Parliamentary Pensions (Amendment) Bill

Clause 6

Amendment of section 9

Section 9 of the principal Act is amended by inserting, immediately after subsection (3), the following subsection:“(4) A person to whom a pension may be granted under this section may, at his option, be paid in lieu of that pension a commuted pension gratuity which shall be ascertained by multiplying the prescribed commutation factor by the amount of such pension that may be granted to him in accordance with this section.”.

Clause 6 — Parliamentary Pensions (Amendment) Bill | laws.sg