Singapore legislation

Regulation 3

of Pensions (Conversion to the Central Provident Fund Scheme) Regulations

Regulation 3

Option

Amended byS 381/2013 wef 01/07/2013

Subregulation 1

An officer to whom these Regulations apply may be given an option to convert to the provident fund scheme applicable to non-pensionable employees of the Government under the Central Provident Fund Act (Cap. 36).

Subregulation 1A

Amended byS 381/2013 wef 01/07/2013

An officer —

(a)

who is holding a pensionable office on 30th June 2013 but is not confirmed in his appointment as the holder of the pensionable office by reason of medical fitness; and

(b)

who has not exercised any option in accordance with these Regulations before that date,may also be given an option to convert to the provident fund scheme applicable to non-pensionable employees of the Government under the Central Provident Fund Act.

Subregulation 2

The option exercised by the officer shall be irrevocable except that he may be required to revert to the pensionable service if he is appointed or transferred to a scheme of service which is excluded from these Regulations.