Regulation 4

Every officer exercising an option under regulation 3 who has been in the service of the Government for not less than 10 years on his conversion to the provident fund scheme applicable to non-pensionable employees of the Government under the Central Provident Fund Act (Cap. 36) may be granted, on his retirement, a pension at the rate of 1/600 of his annual pensionable emoluments at the date immediately before his conversion in respect of each complete month of pensionable service before his conversion subject to the limit prescribed in section 10 of the Act.