Schedule 3

THIRD SCHEDULERegulation 36(4)(a) Vesting for savings accountThe portion of moneys in a serviceman’s Savings Account specified in the second column below shall vest in the serviceman upon the serviceman completing the number of years of reckonable service specified in the first column.First column Second columnLength of reckonable service in years or part thereof VestingNot more than 6 years NilMore than 6 years but not more than 7 years 20%More than 7 years but not more than 8 years 40%More than 8 years but not more than 9 years 60%More than 9 years but not more than 10 years 80%More than 10 years 100%.[S 440/2025 wef 01/07/2025]