Regulation 14
Payment from Retention Account to members of 2001 Scheme
of Prevention of Corruption (Occupational Superannuation Scheme) Regulations 2003
Subsidiary LegislationIn forceProvision 17 of 46
Regulation 14
Amended byS 403/2019 wef 01/05/2019S 607/2023 wef 01/09/2023
The Board shall cause to be paid to a member of the 2001 Scheme such amount of money from his Retention Account which vests in him under regulation 18 at the following intervals:
(a)
on his completing 6 years of reckonable service;
(b)
on his completing 8 years of reckonable service;
(c)
on his completing 10 years of reckonable service;
(d)
on his completing 12 years of reckonable service.